0001752724-21-234961.txt : 20211112 0001752724-21-234961.hdr.sgml : 20211112 20211112093404 ACCESSION NUMBER: 0001752724-21-234961 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20210831 FILED AS OF DATE: 20211112 DATE AS OF CHANGE: 20211112 EFFECTIVENESS DATE: 20211112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BLACKROCK NEW YORK MUNICIPAL INCOME QUALITY TRUST CENTRAL INDEX KEY: 0001181024 IRS NUMBER: 816105964 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-21179 FILM NUMBER: 211400505 BUSINESS ADDRESS: STREET 1: 100 BELLEVUE PARKWAY STREET 2: MUTUAL FUND DEPARTMENT CITY: WILMINGTON STATE: DE ZIP: 19809 BUSINESS PHONE: 888-825-2257 MAIL ADDRESS: STREET 1: 100 BELLEVUE PARKWAY STREET 2: MUTUAL FUND DEPARTMENT CITY: WILMINGTON STATE: DE ZIP: 19809 FORMER COMPANY: FORMER CONFORMED NAME: BLACKROCK NEW YORK INSURED MUNICIPAL INCOME TRUST DATE OF NAME CHANGE: 20020904 FORMER COMPANY: FORMER CONFORMED NAME: BLACKROCK NEW YORK MUNICIPAL INCOME TRUST III DATE OF NAME CHANGE: 20020816 N-CEN 1 primary_doc.xml X0404 N-CEN LIVE 0001181024 XXXXXXXX 811-21179 false false false N-2 BlackRock New York Municipal Income Quality Trust 811-21179 0001181024 8OLCZBLW53BSWGP8HR39 100 Bellevue Parkway Wilmington 19809 US-DE US 800-441-7762 State Street Bank and Trust Company 1 Lincoln Street Boston 02111 617-786-3000 Records related to its functions as custodian, sub-administrator and accounting agent BlackRock Investments, LLC 40 East 52nd St New York 10022 609-282-3046 Records related to its functions as distributor Computershare Trust Company, National Association 250 Royall Street Canton 02021 781-575-2000 Records related to its functions as transfer agent BlackRock Advisors, LLC 100 Bellevue Parkway Wilmington 19809 302-797-2000 Records related to its functions as advisor and administrator N Y N-2 Y R. Glenn Hubbard N/A N John M. Perlowski N/A Y Stayce D. Harris N/A N Michael J. Castellano N/A N Lorenzo A. Flores N/A N Cynthia L. Egan N/A N Frank J. Fabozzi N/A N Karen P. Robards N/A N Richard E. Cavanagh N/A N W. Carl Kester N/A N J. Phillip Holloman N/A N Catherine A. Lynch N/A N Robert Fairbairn 004992372 Y Charles Park N/A 55 East 52nd Street New York 10055 XXXXXX N N N N N BlackRock Investments, LLC 8-48436 000038642 54930061FBHCKXL2G714 Y N Deloitte & Touche LLP 34 00000000000000000000 N N N N N N Common stock BlackRock New York Municipal Income Quality Trust Preferred stock Variable Rate Demand Preferred Shares N N N N N N 0.00000000 0.00000000 0.00000000 0.00000000 true MATERIAL AMENDMENTS 2 NCEN_811-21179_46365990_0821.htm bseamendtonoticesrp2.htm - Generated by SEC Publisher for SEC Filing

BLACKROCK NEW YORK MUNICIPAL INCOME QUALITY TRUST
(THE “FUND”)
SERIES W-7

VARIABLE RATE DEMAND PREFERRED SHARES (“VRDP SHARES”)

CUSIP No. 09249U303*

Amendment to Notice of Special Rate Period

March 2, 2021

 

BlackRock New York Municipal Income Quality 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 15, 2021 to April 15, 2022 in accordance with the terms of the Amended and Restated Notice of Special Rate Period, dated March 15, 2019 (the “Notice of Special Rate Period”). 

The last day of the Special Rate Period shall be April 15, 2022, or such later date as the Special Rate Period may be extended pursuant to the terms of the Notice of Special Rate Period.

As of April 15, 2021, the definition of “Ratings Spread” in the Notice of Special Rate Period is hereby deleted in its entirety and replaced with the following:

“Ratings Spread” means, with respect to an SRP Calculation Period, the percentage per annum set forth below opposite the highest applicable credit rating assigned to the VRDP Shares, unless the lowest applicable rating is below A3/A-, in which case the Ratings Spread shall mean the percentage per annum set forth below opposite the lowest applicable credit rating assigned to the VRDP Shares by Moody’s, Fitch or any Other Rating Agency, in each case rating the VRDP Shares at the request of the Fund, on the SRP Calculation Date for such SRP Calculation Period:

Moody’s/Fitch

Percentage

Aa2/AA to Aaa/AAA

0.85%

Aa3/AA-

0.94%

A3/A- to A1/A+

2.00%

Baa3/BBB- to Baa1/BBB+

3.00%

Non-investment grade or Unrated

4.00%

* 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.

 

 

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]

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 INCOME QUALITY TRUST

 

By: /s/ Jonathan Diorio ___________________

Name: Jonathan Diorio

Title: Vice President

[Signature Page – BSE Amendment to Notice of Special Rate Period]

 

Schedule 1

Recipients of this Notice of Special Rate Period

Bank of America, N.A.

One Bryant Park

1111 Avenue of the Americas, 9th Floor

New York, New York 10036

Attention:  Thomas Visone; Mary Ann Olson

Telephone:  (212) 449-7358

Telecopy:    (646) 736-7286

Email:  DG.Pfloats@bofa.com; thomas.visone@bofa.com; mary.ann.olson@bofa.com

 

BofA Securities, Inc.

One Bryant Park

1111 Avenue of the Americas

9th Floor

New York, New York 10036

Email: thomas.visone@bofa.com; dg.temm@baml.com

Attention: Thomas Visone

 

The Depository Trust Company

LensNotice@dtcc.com

 

 
MATERIAL AMENDMENTS 3 NCEN_811-21179_72679257_0821.htm bseamendtonoticesrp.htm - Generated by SEC Publisher for SEC Filing

BLACKROCK NEW YORK MUNICIPAL INCOME QUALITY TRUST
(THE “FUND”)
SERIES W-7

VARIABLE RATE DEMAND PREFERRED SHARES (“VRDP SHARES”)

CUSIP No. 09249U303*

Amendment to Notice of Special Rate Period

December 30, 2020

 

BlackRock New York Municipal Income Quality Trust

100 Bellevue Parkway

Wilmington, Delaware 19809

 

To:  Addressees listed on Schedule 1 hereto

            The Fund hereby notifies the Liquidity Provider, the Remarketing Agent and the Holders of the VRDP Shares that the Notice of Special Rate Period is hereby amended by deleting the definition of “Ratings Spread” in its entirety and replacing it with the following definition as of January 4, 2021:

 

“Ratings Spread” means, with respect to an SRP Calculation Period, the percentage per annum set forth below opposite the highest applicable credit rating assigned to the VRDP Shares, unless the lowest applicable rating is below A3/A-, in which case the Ratings Spread shall mean the percentage per annum set forth below opposite the lowest applicable credit rating assigned to the VRDP Shares by Moody’s, Fitch or any Other Rating Agency, in each case rating the VRDP Shares at the request of the Fund, on the SRP Calculation Date for such SRP Calculation Period:

Moody’s/Fitch

Percentage

Aa2/AA to Aaa/AAA

0.84%

Aa3/AA-

0.94%

A3/A- to A1/A+

2.00%

Baa3/BBB- to Baa1/BBB+

3.00%

Non-investment grade or Unrated

4.00%

 

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.

* 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.

 

[Signature Page Follows]

 

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 INCOME QUALITY TRUST

 

By: /s/ Jonathan Diorio ___________________

Name: Jonathan Diorio

Title:   Vice President

[Signature Page – BSE Amendment to Notice of Special Rate Period]

 

Schedule 1

Recipients of this Notice of Special Rate Period

Bank of America, N.A.

One Bryant Park

1111 Avenue of the Americas, 9th Floor

New York, New York 10036

Attention:  Thomas Visone; Mary Ann Olson

Telephone:  (212) 449-7358

Telecopy:    (646) 736-7286

Email:  DG.Pfloats@bofa.com; thomas.visone@bofa.com; mary.ann.olson@bofa.com

 

BofA Securities, Inc.

One Bryant Park

1111 Avenue of the Americas

9th Floor

New York, New York 10036

Email: thomas.visone@bofa.com; dg.temm@baml.com

Attention: Thomas Visone

 

The Depository Trust Company

LensNotice@dtcc.com