MTA Transportation Revenue Refunding
Green Bonds, Series 2018B (Climate
Bond Certified)

New York Metropolitan Transportation Authority

Invest in New York Green Bonds! These bonds support the transit and commuter systems, bus operations, bridges and tunnels in New York City and its seven NY-metropolitan counties. MTA's Series 2018B Bonds are Climate Bond Certified by Sustainalytics, and proceeds will be used to refund certain outstanding bonds and pay for certain costs of financing.

Issuance characteristics
  • Refunding
  • Not callable
  • Federally tax exempt
  • Revenue
  • Negotiated sale

Can I sell the bonds if I don’t want them anymore?

Yes, bonds sold through Neighborly are book-entry bonds with registered CUSIPs, and therefore are tradeable in the secondary market in the same way as any other registered municipal security. Read more here.

Can I transfer my bond to another brokerage account?

Absolutely, after the sale is completed, Neighborly can transfer bonds to a brokerage account at another institution. Fees may apply. Read more here.

Is there an investment minimum or maximum?

The minimum investment is determined by the minimum denomination of the issuance. In the case of this financing, it is $5,000. If there is a maximum, refer to Sales Condition under Project details tab.

What other risks should I be aware of when investing in bonds?

Please review the risks section of the Preliminary Official Statement for more information.

Visit our Support Center for more frequently asked questions