Current Bond Offering - Subject to Availability

As of 07/31/2010

NYC Transitional Finance Authority (Building Aid Revenue Bonds)
Coupon: 4.50%
Maturity: 1/15/2038
Callable: 1/15/2018
Yield to Maturity: 4.32%
Yield to Call: 4.05%
Moody’s: Aa3
S&P: AA-

The New York City Transitional Finance Authority is a public benefit corporation and an instrumentality of the State of New York created to issue and sells its bonds and notes to fund a portion of the capital programs of the City. The bonds are Building Aid Revenue Bonds and are backed by the State Building Aid paid by New York State to the City.

Ratings are provided as available by Moody’s Investor Services, Standard & Poor’s and Fitch Ratings.
Yield Information:
	YTM is yield to maturity and represents the return the investor would realize if a bond is held to maturity.
	YTC is yield to call and represents the return the investor would realize if the bond were retired by the issuer on the stated call date.

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