The New York City Transitional Finance Authority ranked first among the Top 10 issuers in 2024, helped by several large mega deals.
The top 10 issuers accounted for $71.568 billion of the total issuance for the year, or 14.4%
New York boasts four of the top 10 issuers, followed by California with two and one a piece for Florida, Massachusetts, Washington and New Jersey.
Rank | Issuer | 2024 Par amount | Market share | Number of issues |
1 | NYC Transitional Finance Auth | $10.61B | 2.14% | 13 |
2 | NYS Dorm Authority | $10.468B | 2.11% | 22 |
3 | California Comm Choice Fin Auth | $9.049B | 1.83% | 11 |
4 | California | $8.436B | 1.70% | 16 |
5 | New York City | $7.371B | 1.49% | 9 |
6 | Florida Dev Fin Corp | $5.873B | 1.18% | 13 |
7 | Massachusetts | $5.487B | 1.11% | 13 |
8 | Washington | $5.03B | 1.01% | 14 |
9 | N.J. Trans Trust Fund Auth | $4.75B | 0.96% | 4 |
10 | New York Trans Dev Corp | $4.496B | 0.91% | 3 |