0001752724-19-002665.txt : 20190125 0001752724-19-002665.hdr.sgml : 20190125 20190125113359 ACCESSION NUMBER: 0001752724-19-002665 CONFORMED SUBMISSION TYPE: N-CEN/A PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20180831 FILED AS OF DATE: 20190125 DATE AS OF CHANGE: 20190125 EFFECTIVENESS DATE: 20190125 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BLACKROCK NEW YORK MUNICIPAL BOND TRUST CENTRAL INDEX KEY: 0001167470 IRS NUMBER: 383645605 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: N-CEN/A SEC ACT: 1940 Act SEC FILE NUMBER: 811-21037 FILM NUMBER: 19541772 BUSINESS ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 BUSINESS PHONE: 888-441-7762 MAIL ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 FORMER COMPANY: FORMER CONFORMED NAME: BLACKROCK NEW YORK TAX FREE INCOME TRUST DATE OF NAME CHANGE: 20020213 N-CEN/A 1 primary_doc.xml X0101 N-CEN/A 0001752724-18-001760 LIVE 0001167470 XXXXXXXX 811-21037 false false false N-2 BlackRock New York Municipal Bond Trust 811-21037 0001167470 EVL8NBXMMP00TWWZBK98 100 Bellevue Parkway Wilmington 19809 US-DE US 800-441-7762 BlackRock Advisors, LLC 100 Bellevue Parkway Wilmington 19809 302-797-2000 Records related to its functions as advisor and administrator Computershare Trust Company, National Association 250 Royall Street Canton 02021 781-575-2000 Records related to its functions as transfer agent The Bank of New York Mellon 101 Barclay Street New York 10286 212-495-1784 Records related to its functions as transfer agent for issued preferred shares BlackRock Investments, LLC 40 East 52nd Street New York 10022 609-282-3046 Records related to its functions as distributor State Street Bank and Trust Company 1 Lincoln Street Boston 02111 617-786-3000 Records related to its functions as sub-administrator and accounting agent Y N N-2 Y Robert Fairbairn 004992372 Y Catherine A. Lynch 000000000 N Karen P. Robards 000000000 N John M. Perlowski 000000000 Y R. Glenn Hubbard 000000000 N Michael J. Castellano 000000000 N Richard E. Cavanagh 000000000 N Cynthia L. Egan 000000000 N Frank J. Fabozzi 000000000 N W. Carl Kester 000000000 N Charles Park 000000000 55 East 52nd Street New York 10055 XXXXXX N N N N N BlackRock Investments, LLC 8-48436 000038642 0000000000 Y N Deloitte & Touche LLP 34 0000000000 N N N N N N N BlackRock New York Municipal Bond Trust EVL8NBXMMP00TWWZBK98 Y 2 0 0 N/A N N Y N BlackRock Investment Management, LLC 5493006MRTEZZ4S4CQ20 Y N Revenue sharing split Cash collateral reinvestment fee Other Rebates paid to borrowers N/A N/A Rule 32a-4 (17 CFR 270.32a-4) Rule 17a-7 (17 CFR 270.17a-7) Rule 17e-1 (17 CFR 270.17e-1) Rule 10f-3 (17 CFR 270.10f-3) Rule 17a-6 (17 CFR 270.17a-6) Rule 12d1-1 (17 CFR 270.12d1-1) Y Y N N BlackRock Advisors, LLC 801-47710 000106614 5493001LN9MRM6A35J74 N Computershare Trust Company, National Association 85-11340 2549001YYB62BVMSAO13 N N The Bank of New York Mellon 85-05006 HPFHU0OQ28E4N0NFVK49 N N N Standard & Poor's Financial Services LLC 549300U4VWNITEKO2881 N IHS Markit Ltd. 549300HLPTRASHS0E726 GB N Thomson Reuters Corporation 549300561UZND4C7B569 CA N Bloomberg L.P. 549300B56MD0ZC402L06 N Ice Data Services, Inc. 5493000NQ9LYLDBCTL34 N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) Barclays Capital Inc. AC28XWWI3WIBK2824319 N Y Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) Credit Suisse Securities (USA) LLC 1V8Y6QCX6YMJ2OELII46 N Y Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) Merrill Lynch, Pierce, Fenner & Smith Incorporated 8NAV47T0Y26Q87Y0QP81 N Y Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) Morgan Stanley & Co. LLC 9R7GPTSO7KV3UQJZQ078 N Y Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) Goldman Sachs & Co. LLC FOR8UP27PHTHYVLBNG30 N Y Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N Y BlackRock Advisors, LLC 5493001LN9MRM6A35J74 Y N N Solebury Capital LLC 8-67548 000143299 5493000RFBRZED82XQ81 0.00000000 Harris Williams LLC 8-53380 000113930 00000000000000000000 0.00000000 Blackrock Execution Services 8-48719 000039438 549300HFCRQ0NT5KY652 0.00000000 PNC Investments LLC 8-66195 000129052 00000000000000000000 0.00000000 Trout Capital LLC 8-66474 000131489 00000000000000000000 0.00000000 BlackRock Investments, LLC 8-48436 000038642 0000000000 0.00000000 PNC Capital Markets, Inc. 8-32493 000015647 7OGNSSLOQJ8U3B9Y5F18 0.00000000 Bank Of America Merrill Lynch Securities Inc 8-33359 000016139 0000000000 636.81000000 636.81000000 National Financial Services Corp. 8-26740 000013041 0000000000 2040025.70000000 Morgan Stanley & Co. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 1422120.20000000 Barclays Capital Inc. 8-41342 000019714 AC28XWWI3WIBK2824319 1783661.35000000 Goldman Sachs & Co. LLC 8-129 000000361 FOR8UP27PHTHYVLBNG30 643448.45000000 BlackRock Liquidity Funds - MuniCash N/A 000000000 549300RWBJ885673DL84 13830280.93000000 UBS Financial Services Inc. 8-16267 000008174 ETYRV6ORNFJB5NONI676 1256315.10000000 Bank Of America Merrill Lynch Securities Inc 8-33359 000016139 0000000000 2091791.95000000 JPMorgan Chase & Co. 8-35008 000000079 8I5DZWZKVSZI1NUHU748 650430.45000000 Pershing LLC 8-17574 000007560 ZI8Q1A8EI8LQFJNM0D94 1122142.05000000 Citigroup Global Markets Inc. 8-8177 000007059 MBNUM2BPBDO7JBLYG310 2592134.75000000 31309242.31000000 N 43877161.17000000 Common stock Common stock Preferred stock Variable Rate Demand Preferred Shares N N N N N Y 0.00550000 0.02610000 13.01000000 15.39000000 true true true true ADVISORY CONTRACTS 2 21037_G1B3.htm Form 8-K

BLACKROCK NEW YORK MUNICIPAL BOND TRUST (the “Fund”)

File No.  811-21037

Item G.1.b.iii: New or amended investment advisory contracts

Attached please find a copy of the Closed-End Fund Master Advisory Fee Waiver Agreement between the Fund and BlackRock Advisors, LLC.


Closed-End Fund Master Advisory Fee Waiver Agreement

This MASTER ADVISORY FEE WAIVER AGREEMENT (this “Agreement”) is made as of the 2nd day of December, 2016, by and among BlackRock Advisors, LLC (the “Adviser”) an “Adviser”) and each investment company listed on Schedule A attached hereto (each, a “Fund”).

WHEREAS, each Fund is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as a closed-end management company, and is organized as a statutory trust under the laws of the State of Delaware, a limited liability company under the laws of the State of Delaware, a business trust under the laws of the Commonwealth of Massachusetts or a corporation under the laws of the State of Maryland;

WHEREAS, the Adviser and each Fund are parties to investment advisory agreements (the “Advisory Agreements”), pursuant to which the Adviser provides investment advisory services to each Fund in consideration of compensation as set forth in each Advisory Agreement (the “Advisory Fee”); and

WHEREAS, the Adviser has determined that it is appropriate and in the best interests of each Fund and its interestholders to waive part of each Fund’s Advisory Fee as set forth in Schedule B attached hereto (the “Fee Waiver”). Each Fund and the Adviser, therefore, have entered into this Agreement in order to effect the Fee Waiver for each Fund at the level specified in Schedule B attached hereto on the terms and conditions set forth in this Agreement.

NOW, THEREFORE, in consideration of the mutual covenants set forth herein and other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto agree as follows:

1. Contractual Fee Waiver. During the Term (as defined in Section 3 below), the Adviser shall waive a portion of its Advisory Fee with respect to each Fund as set forth in Schedule B attached hereto.

2. Voluntary Fee Waiver/Expense Reimbursement. Nothing herein shall preclude an Adviser from contractually waiving other fees and/or reimbursing expenses of any Fund, voluntarily waiving Advisory Fees it is entitled to from any Fund or voluntarily reimbursing expenses of any Fund as the Adviser, in its discretion, deems reasonable or appropriate. Any such voluntary waiver or voluntary expense reimbursement may be modified or terminated by the Adviser at any time in its sole and absolute discretion without the approval of the Fund’s Board of Trustees or Board of Directors, as the case may be.

3. Term; Termination.

3.1 Term. The term (“Term”) of the Fee Waiver with respect to a Fund shall begin on December 2, 2016 (or such other date as agreed to in writing between the Adviser and the Fund) and end with respect to a Fund after the close of business on the date set forth on Schedule A (or such other date as agreed to in writing between the Adviser and the Fund) unless the Fee Waiver is earlier terminated in accordance with Section 3.2. The Term of the Fee Waiver with respect to a Fund may be continued from year to year thereafter provided that each such continuance is specifically approved by the Adviser and the Fund (including with respect to the Fund, a

 

1


majority of the Fund’s Trustees or Directors, as the case may be, who are not “interested persons,” as defined in the 1940 Act, of the Advisers (the “Non-Interested Directors”)). Neither the Adviser nor a Fund shall be obligated to extend the Fee Waiver with respect to the Fund.

3.2 Termination. This Agreement may be terminated prior to expiration by any Fund with respect to such Fund without payment of any penalty, upon 90 days’ prior written notice to the Adviser at its principal place of business (or at an earlier date as may be agreed to by both parties); provided that, such action shall be authorized by resolution of a majority of the Non-Interested Directors of such Fund or by a vote of a majority of the outstanding voting securities of such Fund.

4. Miscellaneous.

4.1 Captions. The captions in this Agreement are included for convenience of reference only and in no other way define or delineate any of the provisions hereof or otherwise affect their construction or effect.

4.2 Interpretation. Nothing herein contained shall be deemed to require a Fund to take any action contrary to the Fund’s Declaration of Trust or Articles of Incorporation, as the case may be, or Bylaws, or any applicable statutory or regulatory requirement to which it is subject or by which it is bound, or to relieve or deprive the Fund’s Board of Trustees or Board of Directors, as the case may be, of its responsibility for and control of the conduct of the affairs of the Fund.

4.3 Limitation of Liability. The obligations and expenses incurred, contracted for or otherwise existing with respect to a Fund shall be enforced against the assets of such Fund and not against the assets of any other Fund.

4.4 Definitions. Any question of interpretation of any term or provision of this Agreement, including but not limited to the computations of average daily net assets or of any Advisory Fee, and the allocation of expenses, having a counterpart in or otherwise derived from the terms and provisions of the relevant Advisory Agreement between the Adviser and the Fund or the 1940 Act, shall have the same meaning as and be resolved by reference to such Advisory Agreement or the 1940 Act, as applicable, and to interpretations thereof, if any, by the United States Courts or in the absence of any controlling decision of any such Court, by rules, regulations or orders of the Securities and Exchange Commission (“SEC”) issued pursuant to the 1940 Act. In addition, if the effect of a requirement of the 1940 Act reflected in any provision of this Agreement is revised by rule, regulation or order of the SEC, that provision will be deemed to incorporate the effect of that rule, regulation or order. Otherwise the provisions of this Agreement will be interpreted in accordance with the substantive laws of the State of New York.

 

2


IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers as of the day and year first above written.

 

EACH OF THE FUNDS LISTED ON SCHEDULE A ATTACHED HERETO
By:  

/s/ Neal J. Andrews

  Name: Neal J. Andrews
  Title:   Chief Financial Officer
BLACKROCK ADVISORS, LLC
By:  

/s/ Neal J. Andrews

  Name: Neal J. Andrews
  Title:   Managing Director

[Signature page to Closed-End Fund Master Advisory Fee Waiver Agreement]

 

3


SCHEDULE A

Closed-End Fund Master Advisory Fee Waiver Agreement

(Dated as of June 7, 2018)

 

    

TICKER

  

FUND

  

EXPIRATION
DATE

1.    BBN   

BlackRock Taxable Municipal Bond Trust

  

June 30, 2019

2.    BJZ   

BlackRock California Municipal 2018 Term Trust

  

June 30, 2019

3.    BFZ   

BlackRock California Municipal Income Trust

  

June 30, 2019

4.    BHK   

BlackRock Core Bond Trust

  

June 30, 2019

5.    HYT   

BlackRock Corporate High Yield Fund, Inc.

  

June 30, 2019

6.    BTZ   

BlackRock Credit Allocation Income Trust

  

June 30, 2019

7.    DSU   

BlackRock Debt Strategies Fund, Inc.

  

June 30, 2019

8.    BGR   

BlackRock Energy and Resources Trust

  

June 30, 2019

9.    CII   

BlackRock Enhanced Capital and Income Fund, Inc.

  

June 30, 2019

10.    BDJ   

BlackRock Enhanced Equity Dividend Trust

  

June 30, 2019

11.    EGF   

BlackRock Enhanced Government Fund, Inc.

  

June 30, 2019

12.    FRA   

BlackRock Floating Rate Income Strategies Fund, Inc.

  

December 31, 2018

13.    BGT   

BlackRock Floating Rate Income Trust

  

June 30, 2019

14.    BFO   

BlackRock Florida Municipal 2020 Term Trust

  

June 30, 2019

15.    BOE   

BlackRock Enhanced Global Dividend Trust

  

June 30, 2019

16.    BME   

BlackRock Health Sciences Trust

  

June 30, 2019

17.    BKT   

BlackRock Income Trust, Inc.

  

June 30, 2019

18.    BGY   

BlackRock Enhanced International Dividend Trust

  

June 30, 2019

 

4


    

TICKER

  

FUND

  

EXPIRATION
DATE

19.    BKN   

BlackRock Investment Quality Municipal Trust, Inc.

  

June 30, 2019

20.    BLW   

BlackRock Limited Duration Income Trust

  

June 30, 2019

21.    BTA   

BlackRock Long-Term Municipal Advantage Trust

  

June 30, 2019

22.    BZM   

BlackRock Maryland Municipal Bond Trust

  

June 30, 2019

23.    MHE   

BlackRock Massachusetts Tax-Exempt Trust

  

June 30, 2019

24.    BIT   

BlackRock Multi-Sector Income Trust

  

June 30, 2019

25.    MUI   

BlackRock Muni Intermediate Duration Fund, Inc.

  

June 30, 2019

26.    MNE   

BlackRock Muni New York Intermediate Duration Fund, Inc.

  

June 30, 2019

27.    MUA   

BlackRock MuniAssets Fund, Inc.

  

June 30, 2019

28.    BPK   

BlackRock Municipal 2018 Term Trust

  

June 30, 2019

29.    BKK   

BlackRock Municipal 2020 Term Trust

  

June 30, 2019

30.    BBK   

BlackRock Municipal Bond Trust

  

June 30, 2019

31.    BAF   

BlackRock Municipal Income Investment Quality Trust

  

June 30, 2019

32.    BBF   

BlackRock Municipal Income Investment Trust

  

June 30, 2019

33.    BYM   

BlackRock Municipal Income Quality Trust

  

June 30, 2019

34.    BFK   

BlackRock Municipal Income Trust

  

June 30, 2019

35.    BLE   

BlackRock Municipal Income Trust II

  

June 30, 2019

36.    BTT   

BlackRock Municipal 2030 Target Term Trust

  

June 30, 2019

37.    MEN   

BlackRock MuniEnhanced Fund, Inc.

  

June 30, 2019

38.    MUC   

BlackRock MuniHoldings California Quality Fund, Inc.

  

June 30, 2019

39.    MUH   

BlackRock MuniHoldings Fund II, Inc.

  

June 30, 2019

40.    MHD   

BlackRock MuniHoldings Fund, Inc.

  

June 30, 2019

 

5


    

TICKER

  

FUND

  

EXPIRATION
DATE

41.    MFL   

BlackRock MuniHoldings Investment Quality Fund

  

June 30, 2019

42.    MUJ   

BlackRock MuniHoldings New Jersey Quality Fund, Inc.

  

June 30, 2019

43.    MHN   

BlackRock MuniHoldings New York Quality Fund, Inc.

  

June 30, 2019

44.    MUE   

BlackRock MuniHoldings Quality Fund II, Inc.

  

June 30, 2019

45.    MUS   

BlackRock MuniHoldings Quality Fund, Inc.

  

June 30, 2019

46.    MVT   

BlackRock MuniVest Fund II, Inc.

  

June 30, 2019

47.    MVF   

BlackRock MuniVest Fund, Inc.

  

June 30, 2019

48.    MZA   

BlackRock MuniYield Arizona Fund, Inc.

  

June 30, 2019

49.    MYC   

BlackRock MuniYield California Fund, Inc.

  

June 30, 2019

50.    MCA   

BlackRock MuniYield California Quality Fund, Inc.

  

June 30, 2019

51.    MYD   

BlackRock MuniYield Fund, Inc.

  

June 30, 2019

52.    MYF   

BlackRock MuniYield Investment Fund

  

June 30, 2019

53.    MFT   

BlackRock MuniYield Investment Quality Fund

  

June 30, 2019

54.    MIY   

BlackRock MuniYield Michigan Quality Fund, Inc.

  

June 30, 2019

55.    MYJ   

BlackRock MuniYield New Jersey Fund, Inc.

  

June 30, 2019

56.    MYN   

BlackRock MuniYield New York Quality Fund, Inc.

  

June 30, 2019

57.    MPA   

BlackRock MuniYield Pennsylvania Quality Fund

  

June 30, 2019

58.    MQT   

BlackRock MuniYield Quality Fund II, Inc.

  

June 30, 2019

59.    MYI   

BlackRock MuniYield Quality Fund III, Inc.

  

June 30, 2019

60.    MQY   

BlackRock MuniYield Quality Fund, Inc.

  

June 30, 2019

61.    BLJ   

BlackRock New Jersey Municipal Bond Trust

  

June 30, 2019

62.    BNJ   

BlackRock New Jersey Municipal Income Trust

  

June 30, 2019

 

6


    

TICKER

  

FUND

  

EXPIRATION
DATE

63.    BLH   

BlackRock New York Municipal 2018 Term Trust

  

June 30, 2019

64.    BQH   

BlackRock New York Municipal Bond Trust

  

June 30, 2019

65.    BSE   

BlackRock New York Municipal Income Quality Trust

  

June 30, 2019

66.    BNY   

BlackRock New York Municipal Income Trust

  

June 30, 2019

67.    BFY   

BlackRock New York Municipal Income Trust II

  

June 30, 2019

68.    —     

BlackRock Preferred Partners LLC

  

July 31, 2018

69.    BCX   

BlackRock Resources & Commodities Strategy Trust

  

June 30, 2019

70.    BST   

BlackRock Science and Technology Trust

  

June 30, 2019

71.    BUI   

BlackRock Utilities, Infrastructure & Power Opportunities Trust

  

June 30, 2019

72.    BHV   

BlackRock Virginia Municipal Bond Trust

  

June 30, 2019

73.    BSD   

The BlackRock Strategic Municipal Trust

  

June 30, 2019

74.    BGIO   

BlackRock 2022 Global Income Opportunity Trust1

  

June 30, 2019

75.    —     

BlackRock Multi-Sector Opportunities Trust2

  

June 30, 2019

 

 

1 

This Agreement was effective with respect to BlackRock 2022 Global Income Opportunity Trust as of February 16, 2017.

2 

This Agreement was effective with respect to BlackRock Multi-Sector Opportunities Trust as of February 22, 2018.

 

7


SCHEDULE B

Closed-End Fund Master Advisory Fee Waiver Agreement

(Dated as of December 2, 2016)

BlackRock Advisors, LLC will waive the management fee with respect to any portion of the Fund’s assets estimated to be attributable to investments in other equity and fixed-income mutual funds and exchange-traded funds managed by BlackRock Advisors, LLC or its affiliates.

 

8

INST DEFINING RIGHTS 3 21037_G1B2.htm Form 8-K

BLACKROCK NEW YORK MUNICIPAL BOND TRUST (the “Fund”)

File No. 811-21037

Item G.1.b.ii: Instruments defining the rights of the holders of any new or amended class of securities

A copy of the Fund’s Amendment to the Notice of Special Rate Period of the Fund’s Variable Rate Demand Preferred Shares is attached under Item G.1.b.i.

INTERNAL CONTROL RPT 4 NCEN_MUNI7.htm Form 8-K

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders and Board of Trustees of BlackRock Maryland Municipal Bond Trust, BlackRock Massachusetts Tax-Exempt Trust, BlackRock New York Municipal Bond Trust, BlackRock New York Municipal Income Quality Trust, BlackRock New York Municipal Income Trust II, and BlackRock Virginia Municipal Bond Trust and to the Shareholders and Board of Directors of BlackRock MuniHoldings New York Quality Fund, Inc.:

In planning and performing our audits of the financial statements of BlackRock Maryland Municipal Bond Trust, BlackRock Massachusetts Tax-Exempt Trust, BlackRock MuniHoldings New York Quality Fund, Inc., BlackRock New York Municipal Bond Trust, BlackRock New York Municipal Income Quality Trust, BlackRock New York Municipal Income Trust II, and BlackRock Virginia Municipal Bond Trust (the “Funds”), as of and for the year ended August 31, 2018, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Funds’ internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Funds’ internal control over financial reporting. Accordingly, we express no such opinion.

The management of the Funds is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of a company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Funds’ internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Funds’ internal control over financial reporting and its operation, including controls for safeguarding securities, that we consider to be a material weakness, as defined above, as of August 31, 2018.

This report is intended solely for the information and use of management and the Board of Trustees/Directors of the Funds and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/ Deloitte & Touche LLP

Boston, Massachusetts

October 23, 2018

MATERIAL AMENDMENTS 5 21037_G1B1.htm Form 8-K

BLACKROCK NEW YORK MUNICIPAL BOND TRUST (the “Fund”)

File No. 811-21037

Item G.1.b.i: Material amendments to organizational documents

Attached please find a copy of the Fund’s Amendment to the Notice of Special Rate Period of the Fund’s Variable Rate Demand Preferred Shares.


BLACKROCK NEW YORK MUNICIPAL BOND TRUST

(THE “FUND”)

SERIES W-7

VARIABLE RATE DEMAND PREFERRED SHARES (“VRDP SHARES”)

CUSIP No.  09249P304*

Amendment to Notice of Special Rate Period

March 30, 2018

BlackRock New York Municipal Bond Trust

100 Bellevue Parkway

Wilmington, Delaware 19809

 

To:

Addressees listed on Schedule 1 hereto

In accordance with the Fund’s Statement of Preferences of Variable Rate Demand Preferred Shares, dated September 13, 2011 (the “Statement of Preferences”), the Fund hereby notifies the Liquidity Provider, the Remarketing Agent and the Holders of the VRDP Shares that the last day of the Special Rate Period has been extended from April 18, 2018 to April 17, 2019 in accordance with the terms of the Notice of Special Rate Period, dated October 22, 2015 (the “Notice of Special Rate Period”).

The last day of the Special Rate Period shall be April 17, 2019, or such later date as the Special Rate Period may be extended pursuant to the terms of the Notice of Special Rate Period.

Capitalized terms used but not defined in this Amendment to Notice of Special Rate Period shall have the meanings given to such terms in the Statement of Preferences and the Notice of Special Rate Period.

[Signature Page Follows]

 

 

* 

NOTE: Neither the Fund nor the Tender and Paying Agent shall be responsible for the selection or use of the CUSIP Numbers selected, nor is any representation made as to its correctness indicated in any notice or as printed on any VRDP Share certificate. It is included solely as a convenience to Holders of VRDP Shares.

 

2


IN WITNESS WHEREOF, I have signed this Amendment to the Notice of Special Rate Period as of the date first written above.

 

BLACKROCK NEW YORK MUNICIPAL BOND TRUST
By:  

/s/ Jonathan Diorio

Name:   Jonathan Diorio
Title:   Vice President

 

3


Schedule 1

Recipients of this Notice of Special Rate Period

Barclays Bank PLC

745 7th Avenue

New York, NY 10019

Attention: Michael Whang

Telephone: 212-528-1051

Telecopy: 646-758-1962

E-mail: michael.whang@barclays.com

Barclays Capital Inc.

745 7th Avenue 2nd floor

NY, NY 10019

Attention: Municipal Short-Term Desk

Telephone: (212) 528-1011

Telecopy: (646) 758-1962

Email: msp@barclays.com

The Depository Trust Company

LensNotice@dtcc.com