The Metropolitan Transportation Authority (MTA), established in 1965 and headquartered in New York, New York, is a public benefit corporation responsible for public transportation across the Greater New York City area. The MTA operates an extensive network of subways, buses, and commuter trains, providing critical infrastructure to millions of residents and visitors.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MTATRN 5.87% 2039-11-15 USDMetropolitan Transportation Authority | United States | 2039-11-15 | 5.871 | 5.46 |
| MTATRN 6.09% 2040-11-15 USDMetropolitan Transportation Authority | United States | 2040-11-15 | 6.089 | 5.46 |
| MTATRN 6.55% 2031-11-15 USDMetropolitan Transportation Authority | United States | 2031-11-15 | 6.548 | 5.61 |
| MTATRN 6.65% 2039-11-15 USDMetropolitan Transportation Authority | United States | 2039-11-15 | 6.648 | 5.59 |
| MTATRN 6.67% 2039-11-15 USDMetropolitan Transportation Authority | United States | 2039-11-15 | 6.668 | 5.53 |
| MTATRN 6.81% 2040-11-15 USDMetropolitan Transportation Authority | United States | 2040-11-15 | 6.814 | 5.74 |
| MTATRN 7.34% 2039-11-15 USDMetropolitan Transportation Authority | United States | 2039-11-15 | 7.336 | 5.18 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The MTA has a strong track record in bond issuance, having first issued bonds in 1970 to finance its expansive transit system. Notably, in 2020, the MTA issued $3.9 billion in bonds to address COVID-19 related revenue shortfalls, reflecting its adaptability in challenging economic climates. Current yields on MTA bonds are competitive with the industry average, bolstered by strong investor demand, while special features such as green bond designations highlight the MTA’s commitment to sustainable infrastructure investment.