We have updated this media release, originally published on April 7, 2026, to reflect adjusted par amounts and maturity dates for the 2026 series H bonds, which has been split into two issues, prospectively. S&P Global Ratings assigned its 'AA' long-term rating to New York City 's $2.25 billion fiscal 2026 series H, subseries H-1 taxable general obligation (GO) bonds and $50 million fiscal 2026 series H, subseries H-6 taxable GO bonds. The outlook is stable. NEW YORK (S&P Global Ratings) April 7, 2026--S&P Global Ratings today took the rating actions listed above. New York City benefits from a governance structure under the Financial Emergency Act that requires maintenance of a balanced budget, and from strong planning practices that mitigate
