Current Bond OfferingsAs of 03/12/2010NYC Municipal Water Finance Authority (Water and Sewer System Revenue Bonds)
Coupon: 4.50%
Maturity: 6/15/2038
Callable: 6/15/2018
YTM: 4.38%
YTC: 4.21%
Moody’s: Aa3
S&P: AA+ The New York City Municipal Water Finance Authority was created in 1985 to provide an alternative source of capital financing for New York City’s water and sewer systems. The Authority issues water and sewer system revenue bonds on behalf of the New York City Water Board, which is a public benefit corporation responsible for fixing and collecting revenues for the water and sewer system. These bonds are backed by revenues collected in the form of rates, fees and charges for the use of service provided by the Water and Sewer System. | 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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