City of New York

General Obligation Bonds, Fiscal 2026 Series D*

Par Amount
$1,500,000,000
Tax Status
Tax-Exempt
Sale Date
10/08/2025
Sector
County / City / Town
State
New York
Method of Sale
Negotiated
Closing Date
10/23/2025
Retail Order Period Begins
10/07/2025

Offering Documents

Disclaimer: Prospective investors should carefully review the Official Statement. Offers to purchase the bonds can only be made through a registered broker-dealer and through an Official Statement.

Additional Information

*Preliminary and Subject to change

Outstanding General Obligation Bond Ratings

Moody’s
Aa2
Outlook
Stable
Date
Sep 2025
S&P
AA
Outlook
Stable
Date
Sep 2025
Fitch
AA
Outlook
Stable
Date
Sep 2025
Kroll
AA+
Outlook
Stable
Date
Sep 2025

Book-Running Lead Manager

J.P. Morgan

Joint Lead Manager

Blaylock Van, LLC

Co-Senior Manager

BofA Securities
Jefferies
Loop Capital Markets
Ramirez & Co. Inc.
RBC Capital Markets
Siebert Williams Shank & Co., LLC
Wells Fargo Securities

Co-Manager

Academy Securities Inc.
Barclays
BNY Mellon Capital Markets, LLC
Cabrera Capital Markets LLC
Drexel Hamilton, LLC
Fidelity Capital Markets
Goldman Sachs & Co. LLC
Great Pacific Securities
Janney Montgomery Scott
Morgan Stanley
Oppenheimer & Co.
Raymond James
Rice Financial Products Company
Roosevelt & Cross Inc.
Stern Brothers & Co.
Stifel, Nicolaus & Company Inc
TD Financial Products

Co-Financial Advisor

Public Resources Advisory Group Inc.
Frasca & Associates

Co-Bond Counsel

Norton Rose Fulbright LLP
Bryant Rabbino LLP

Co-Disclosure Counsel

Orrick, Herrington & Sutcliffe LLP
Hardwick Law Firm, LLC