Recommendation to buy NYC Transitional Finance Authority, NY Subordinate Future Tax Bonds due to solid carry and low downside risk. The bonds are secured by New York City personal income and sales tax revenue, with increased revenue coverage. The document includes a detailed trade recommendation table.
doj/DataSet10/EFTA01378358.pdf
{"title":"NYC Transitional Finance Authority (TFA), NY Subordinate Future Tax Bonds","document_date":"2015-10-31","document_type":"financial","key_locations":["New York City"],"key_organizations":["NYC Transitional Finance Authority","Deutsche Asset & Wealth Management"],"reference_numbers":["64971WESS8"]}