Bonds

Bond Offering

New Mexico Finance Authority State Transportation Revenue Bonds (State Transportation Commission – Subordinate Lien), Series 2026B*

New Mexico Finance Authority State Transportation Revenue Bonds (State Transportation Commission – Subordinate Lien), Series 2026B*

Par Amount
$120,745,000
Tax Status
Tax-Exempt
Sale Date
11/17/2026
Sector
Transit
State
New Mexico
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
12/08/2026
Call Features
6/15/2036 @ 100

Additional Information

*Preliminary Official Statement

Bond Offering Ratings

Moody’s
Aa1
Outlook
Stable
Date
Nov 2026
Rating Report
S&P
AA
Outlook
Stable
Date
Nov 2026
Rating Report
Kroll
AAA
Outlook
Stable
Date
Nov 2026
Rating Report

Senior Manager

J.P. Morgan Securities LLC
Ron Morrison
(214) 965-4531

Co-Manager

Morgan Stanley & Co. LLC
Pingbo Zhou
(415) 576-2165
Stifel, Nicolaus & Company, Incorporated
Robert Casillas
(602) 794-4001

Municipal Advisor

PFM Financial Advisors, LLC