New York Transit Authority, Colorado City Lead U.S. Municipal Borrowers

(Bloomberg) -- New York State's Metropolitan
Transportation Authority and the city of Aurora, Colorado, will
borrow more than $800 million combined in today's largest sales
of U.S. state and local government bonds.

The Metropolitan Transportation Authority, operator of the
largest U.S. public transit network, will sell $425 million of
bonds in a deal managed by UBS AG. Aurora, Colorado's third
most-populous city, will offer $426 million of debt with
JPMorgan Chase & Co. tapped to manage the sale.


Read more at Bloomberg Bonds News