S&P Global Ratings assigned its 'AA' long-term rating to New York City 's $1.27 billion fiscal 2026 subseries F-1 (tax-exempt) general obligation (GO) refunding bonds, $410.94 million fiscal 2026 subseries F-2 (federally taxable) GO refunding bonds, and $900 million fiscal 2026 series G (tax-exempt) GO bonds. At the same time, we assigned our 'AA' long-term rating to the city's $66.625 million fiscal 2026 series 1 GO bonds, which will be issued in connection with the reoffering and redesignation of a portion of the city?s fiscal 2016 series C tax-exempt GO bonds. We also affirmed our 'AA' long-term rating on the city's GO debt and the Hudson Yards Infrastructure Corp .'s revenue bonds outstanding, our 'AA-' long-term rating on the city's