Rare Competitive Sale by Florida Hospital Could Spark Trend

July 29, 1998

From The Bond Buyer – Sarasota County, FL (July 29, 1998) by Robert Whalen Conventional wisdom has it that hospital deals hit the municipal market through negotiation. So much for convention. Just a couple of weeks ago, Dale Beachey, chief financial officer of the Sarasota County, Fla., Public Hospital District, not only opted to issue… Read more »

Categories: Auctions

Bonds Auctioned Over the Net

November 19, 1997

From the USA Today – November 19, 1997 Bonds Auctioned Over the Net By the Associated Press PITTSBURGH – This city shook up the cloistered world of municipal finance Tuesday with a first-ever sale of bonds over the Internet. Pittsburgh also broke new ground by selling its $70 million issue in a live auction, which… Read more »

Categories: Auctions

Pittsburgh Uses Internet for Pioneering GO Sale

From the Bond Buyer – Wednesday, November 19, 1997 Pittsburgh Uses Internet for Pioneering GO Sale Maturity-by-Maturity Auction Draws 26 Firms By Robert Whalen PITTSBURGH – Officials in this city yesterday took a bold step into the future when they became the first to auction municipal debt on a maturity- by-maturity basis exclusively through the… Read more »

Categories: Auctions

City First in Nation to Use Internet to Market, Sell Municipal Bonds

November 18, 1997

City First in Nation to Use Internet to Market, Sell Municipal Bonds By Johnna A. Pro Just minutes into a bond sale yesterday, Mayor Murphy leaned over to two attorneys sitting in his conference room. “What time is it? I’m so nervous,” he whispered in between sips on a soft drink. The mayor paced back… Read more »

Categories: Auctions

Grant Street Advisers Is Setting Up The First Muni Bond Auction Website

June 4, 1997

From The Bond Buyer – Pittsburgh, PA (June 4, 1997) by Richard Richtmyer Competitive bidding for municipal bonds is coming to the World Wide Web. Grant Street Advisers, a Pittsburgh-based financial advisory firm, has developed a prototype Website where issuers selling bonds competitively will be able to do so over the Internet. Called MuniAuction, it’s… Read more »

Categories: Auctions