The pricing of $375 million of bonds by the New York State Thruway Authority on Tuesday has cleared the way for two more authority issues that could hit the market before yearend.

Although the authority has not set a formal sale date for the upcoming issues, Wall Street executives with knowledge of the bonding program say the authority will enter the market in late August or early September, and once again in the fall.

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.