By Sheri Kasprzak
New York, March 13 - The City of New York came to market with $180 million of series 2013F-3 adjustable-rate general obligation bonds, said an official statement.
The bonds were sold through BofA Merrill Lynch.
The bonds are due March 1, 2042 and bear interest initially at the daily rate.
Proceeds will be used to finance capital projects for the city.
| Issuer: | City of New York
|
| Issue: | Series 2013F-3 adjustable-rate general obligation bonds
|
| Amount: | $180 million
|
| Maturity: | March 1, 2042
|
| Coupon: | Daily
|
| Price: | 100
|
| Type: | Competitive
|
| Underwriter: | BofA Merrill Lynch
|
| Pricing date: | March 7
|
| Settlement date: | March 27
|
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