List of New York Municipal Bonds for Sale
This selection of top 10 New York municipal bonds for sale today uses Artificial Intelligence to address various aspects such as issuer reputation, investment potential, and the significance of the issuing entities. These bonds are distinguished by their top-tier BondView ratings and credit assessments, which can indicate low default potential and robust fiscal health. The report aims to guide investors in making more informed decisions.
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Why These Bonds Are Good Investments
Yield to Worst (YTW) Explained: In the world of bonds, a higher yield often signifies better returns. With yields stretching from 2.91% to 3.40%, these bonds are a standout. Especially in our current financial landscape, where low interest rates reign supreme, these yields are a refreshing oasis, promising returns that few other fixed-income assets can match.
The Lure of Coupon Rates: Every bond on our list boasts a robust 5% coupon rate. In layman’s terms? It’s the regular interest payout you, as an investor, will receive. A 5% rate is akin to the siren song for investors, guaranteeing heftier periodic payouts.
Quality Check with Bondview Ratings & BV Credit Score: Ratings can often seem like cryptic codes. But here’s the scoop: a Bondview rating of 5 is a hallmark of a bond’s commendable quality. Add to that a BV Credit Score oscillating between 8 and 10, and you’ve got a clear signal of the bond’s top-tier creditworthiness.
Fair Play in Pricing: Ever wonder if you’re overpaying? By comparing the asking price with the Bondview Estimated Price, you get a reality check. The close proximity of these numbers for our bonds indicates that you’re getting what you pay for, with no inflated premiums.
The Institutional Trust Factor: When multiple funds invest in a bond, it’s akin to a vote of confidence from the big players in the market. With fund counts ranging from 1 to 7 for these bonds, it’s evident that they’re on the radar of institutional investors. This not only speaks volumes about the bond’s credibility but also hints at its liquidity in the market.
For investors seeking a blend of steady returns, quality assurance, and market trust, these bonds are worth more than just a cursory glance
Issuer Reputation: New York City is one of the world’s major financial, cultural, and economic centers. Its bonds are backed by a diverse and robust economic base.
Investment Potential: Given its economic strength and size, bonds issued by New York City often provide stability and reliability for investors.
HUDSON YARDS INFRASTRUCTURE CORPORATION
Issuer Reputation: Hudson Yards is a major real estate development in NYC. The Infrastructure Corporation focuses on financing the extension of the NYC subway to the Hudson Yards area.
Investment Potential: With NYC’s commitment to developing the Hudson Yards area, these bonds could offer stable returns.
NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY
Issuer Reputation: An entity created to issue bonds backed by the city’s personal income tax and sales tax. It’s a vital tool for NYC’s capital financing.
Investment Potential: The authority has a track record of strong fiscal management, making its bonds a reliable investment.
Issuer Reputation: Nassau County is a prominent county on Long Island, New York, known for its strong residential communities and businesses.
Investment Potential: The county’s diverse economy and affluent population base typically support the stability of its bonds.
TRIBOROUGH BRDG & TUNL AUTH N Y
Issuer Reputation: A part of the Metropolitan Transportation Authority, this entity oversees major bridge and tunnel structures in NYC.
Investment Potential: With tolls collected from these heavily trafficked infrastructures, the bonds often have a steady revenue stream.
For Investors & Analysts
Keep Your Broker Honest
Your broker may not reach out to you proactively about bonds for sale and may not know all your options. With BondView, you can rest assured that you have the same or better information than your broker.
Verify A Muni Bond Quote
Get an accurate price for a bond that your broker has pitched. Verify your own estimated price against its real-time asking price.
Gauge Ease Of Buying Or Selling A Bond
BondView provides 3 liquidity indicators in this report. See how in demand a bond is based on the funds that hold this bond and their buy/sell activity. Do the same for public and BondView portfolios.
This list of municipal bonds for sale is from October 16th, 2023. For real-time municipal bonds for sale information, BondView is your compass. A quick CUSIP entry or an advanced search will lead you to specific bond details, from coupon rates and maturity dates to recent trade prices and current credit ratings.
As with any investment, the market value may vary during the period the investment is held. Subject to prior sale and market conditions. Price as of 10/16/23.