New York City Comptroller Quarterly Cash Report March 2026
NYC completes major GO bond issues, including $460M Social Bonds
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Description
The City awarded and closed several General Obligation bond issues totaling more than $4.9 billion in 1H26, including social bonds dedicated to affordable housing. Net new money proceeds reached approximately $1.1 – $1.9 billion per series.
Contract Details
Contract Amount
$1.535 billion (Series ABC), $1.500 billion (Series D), $1.880 billion (Series E taxable), $1.092 billion, $1.601 billion, $1.871 billion net new money proceeds
Vendor
GENERAL OBLIGATION BONDS
Agency
NYC Fire Pension Fund (FPF), NY
Contract Type
FINANCIAL_SERVICES
Document Date
March 1, 2026
Contract Term
1H26; Issuances on 8/19/2025 and 10/23/2025
Renewal Date
2025-10-23
Renewal Info
GO bond sales are recurring but individual series/issuances are discrete transactions.
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