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Published on 12/31/2009 in the Prospect News Municipals Daily.

New York City MTA calls $317.12 million of 1999A, 2000A bonds at 101

By Marisa Wong

Milwaukee, Dec. 31 - The Metropolitan Transportation Authority of New York City gave notice that it will redeem $317.115 million of its certificates of participation, series 1999A and 2000A NYCTA, MTA and TBTA bonds on Jan. 1.

The bonds will be redeemed at 101, plus accrued interest up to the redemption date.

Affected are the following 1999A bonds: $9.68 million of 5.625% bonds due 2014, $10.225 million of 5.625% bonds due 2015, $46.825 million of 5.4% bonds due 2019 and $169.62 million of 5.25% bonds due 2029.

Affected are the following 2000A bonds: $3.205 million of 5.5% bonds due 2015, $18.965 million of 5.75% bonds due 2020 and $58.595 million of 5.875% bonds due 2030.


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