rtokens: In November , New York City said it became the first U.S. municipality to offer bonds for sale in European markets by competitive bidding as it listed taxable bonds on the London Stock Exchange .
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tokens: The city in late June sold its first issue of Euronotes , a strategy that it says saved it $ 500,000 in interest costs , and it has been trying to build on this strategy of expanding the pool of potential investors since then .
ltokens: By selling the floating rate debt , the city hopes to establish a benchmark , the city official said , adding that it needed a large deal to accomplish this objective .