The bond is a senior unsecured municipal security issued by the New York City Transitional Finance Authority Building Aid Revenue, denominated in U.S. dollars with a 5.00% annual coupon and a maturity date of July 15 2031. It carries a face value of 100 and is rated AA by S&P and Aa2 by Moody’s, reflecting its high credit quality within the municipal sector. The New York City Transitional Finance Authority is a public‑purpose entity created by the city to finance building‑aid projects, and its revenue‑backed obligations are supported by the cash flows generated from those programs. As a municipal issuer, the authority benefits from the credit strength of New York City, and the AA/Aa2 ratings signal a strong capacity to meet debt service obligations, positioning the bond as a relatively low‑risk investment in the municipal market.
Ranked by semantic similarity across issuer, sector, country, currency, maturity and rating.