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General Obligation (GO) Bonds
As of June 30, 2007, New York City had $34.1 billion in outstanding general obligation debt (excluding contract liabilities), against a net general obligation debt limit of $53.34 billion. The City’s GO portfolio contains fixed and variable rate obligations with both tax exempt and taxable components. The table below illustrates the breakdown of GO debt as of June 30, 2007.
NYC GO Debt
|
Tax – Exempt |
Taxable |
Total |
Fixed |
$26,799,972,274 |
$1,664,398,726 |
$27.86 |
Variable |
$6,041,340,000 |
$609,270,000 |
$6.650 |
Click a thumb-nail to view the full size image and description for each portfolio. All data is as of June 30, 2007.
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