New York State Comptroller Edward V. Regan announced yesterday that the state. its agencies, and New York City plan to sell $4.18 billion of securities in the fourth quarter of this year.

Regan, who is chairman of the State Securities Coordinating Committee, said in a statement that $1.53 billion is scheduled for sale this month, $612 million in November, and $2.04 billion in December.

New York State is slated to sell $200 million of general obligation bonds in November and $90 million of certificates of participation in December.

The Local Government Assistance Corp. plans to sell $250 million of bonds in December.

New York City is Planning a $1 billion GO bond sale next week, which may include variable-rate securities, minibonds, and derivative products created in the secondary market by underwriters.

The New York City Health and Hospitals Corp. is eyeing a $400 million bond sale in December.

The New York City Water Authority will offer $225 million of revenue bonds sometime this month.

The New York State Dormitory Authority is planning to sell bond issues of $7 million and $10 million in November. In December, the authority plans to offer issues of $12.6 million and $600 million.

In the housing sector, the state's Housing Finance Agency is slated to sell an issue of $10 million this

month, issues of $18 million and

$20 million in November, and offerings of $19 million and $ 10 million in December.

The Housing Development Corp. is planning an $8 million bond sale this month.

The State of New York Mortgage Agency is offering a $100 million bond sale in November.

The state's Medical Care Facilities Finance Agency plans to sell two issues totaling $75 million and $43 million this month, issues of $107 million and $150 million in November, and offering of $25 million and $50 million in December.

The Metropolitan Transportation Authority is offering $80 million of COPs in December.

The Environmental Facilities Corp. is planning a $55 million bond sale this month and issues of $350 million and $50 million in December.

The Energy Research and Development Corp. is selling $115 million of bonds this month and $100 million in December.

The state comptroller also announced that a number of state agencies are mulling refunding bond issues. This group includes the Medical Care Facilities Finance Agency, the Dormitory Authority, the Triborough Bridge and Tunnel Authority, the Urban Development Corp., the Urban Development Authority, the Municipal Assistance Corporation for the City of New York, and the Housing Development Authority.

The comptroller noted that no public sales are being contemplated in the fourth quarter by the Thru-way Authority, the Power Authority, the Job Development Authority, or the Battery Park City Authority.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.