NYC Debt Policy with Skyline Background
August 5, 2019

    On August 5, 2019, the City of New York announced the release of a written debt policy for General Obligation and New York City Transitional Finance Authority Future Tax Secured bond issuances.

    Read the August 5, 2019 Press Release.

    Review the debt policy.

Alan Anders and Marj Henning at BAML Offices (Lead Underwriter for the GO Sale)
March 6, 2019

    On Mar 6, 2019, the City priced its first GO sale for the calendar year and the first since Moody’s upgraded the City’s GO rating to Aa1. This marks the second bond sale for Marj Henning (pictured here with Alan Anders, Deputy Director at OMB) in her capacity as Deputy Comptroller for Public Finance at the City Comptroller’s Office.

    For more details on the GO sale, read the March 6, 2019 Press Release.

View of Hudson Yards Buildings
January 11, 2019

    The Mayor’s Office of Management and Budget (“OMB”) publishes a quarterly report that provides commentary on City economic growth, financial market conditions, labor markets and real estate.

    Read the OMB Report on Current Economic Conditions.

Report Cover of THE GEOGRAPHY OF JOBS - NYC Metro Region Economic Snapshot
July 2018

    NYC is the hub of the largest metropolitan economy in the United States. This July 2018 report by the NYC Department of City Planning studies the post-recession shifts in the region’s changing geography of jobs and labor force.

    Read The Geography of Jobs Report.

Disclaimer

Welcome Remarks

Thank you for visiting the new OMB Investor Relations website.

We hope that you find the new format and additional information useful. Content that OMB plans to update on a regular basis for investors’ review include:

  • Rating agency reports for the most recent GO, TFA and NYW transactions
  • News and press releases
  • Historical issuance statistics
  • Retail order period statistics
  • List of winning bidders for competitive sales

Additionally, we will periodically include web links and content extracted from OMB publications, for example, the Financial Plans and/or the Quarterly Report on Current Economic Conditions, which investors have in the past found useful.

This website supplements and does not replace the various bond issuer websites already available through nyc.gov. It does add content not previously available on nyc.gov for City General Obligation bonds. We appreciate any feedback on the new web site to our Director of Investor Relations, Jason Goh.

As always, prospective investors for bonds should carefully review the Official Statements. Offers to purchase New York City bonds can only be made through a registered broker-dealer and through an Official Statement.

It is fitting that the launching of the website coincides with Moody’s Investor Service’s recent upgrade of City General Obligation Bonds from Aa2 to Aa1—the highest rating in the City’s history—and next week’s “Grand Opening” of shops, restaurants, public square and gardens in the Hudson Yards neighborhood.

Last but not least, we also congratulate Marjorie Henning for her appointment as Deputy Comptroller for Public Finance at the City Comptroller’s Office.


Alan Anders
Deputy Director
NYC Office of Management and Budget