New York City Municipal calls portions of water and sewer system bonds

By Ashley Montgomery

Kansas City, Kan., May 17 - New York City Municipal Water Finance Authority will redeem $130,645,000 of its fiscal 2003 series A and fiscal 2003 series D water and sewer system revenue bonds, according to a notice.

The bonds will be redeemed June 15 at par plus accrued interest to the redemption date.

The following 2003 series A bonds are affected:

• $3.41 million of 4.25% bonds due June 15, 2013;

• $16,585,000 of 5.375% bonds due June 15, 2013;

• $260,000 of 4.625% bonds due June 15, 2017;

• $36,265,000 of 5.375% bonds due June 15, 2017;

• $465,000 of 4.7% bonds due June 15, 2018; and

• $45,095,000 of 5.375% bonds due June 15, 2018.

The following 2003 series D bonds are affected:

• $3.34 million of 4% bonds due June 15, 2017; and

• $25,225,000 of 5.25% bonds due June 15, 2017.

Bank of New York Mellon is the trustee.

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