New York City Transitional Finance
Authority Future Tax Secured
Subordinate Bonds Fiscal 2019 Series A

New York City Transitional Finance Authority

Invest in New York City! Every day, New York City makes capital investments in its parks, bridges, roads and schools, so that New York continues to be a great place to live, work and visit. Proceeds from TFA's 2019 Series A Bonds will be used to finance New York City's capital plan. See Preliminary Official Statement in Documents tab for further information.


Issuance characteristics
  • Contains callable maturities
  • 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.

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