Internet Gives Bidders on Portland Sewer Bonds a Chance to Tweak Their Offers
September 11, 1998From The Bond Buyer – Portland, OR (September 11, 1998) by Michael B. Marois Portland, Ore., has decided to take a second swipe at electronic bidding over the Internet — this time employing a feature that will allow participants to see if they have the low bid, and if not, to adjust their offer prior… Read more »
Categories: Auctions
Rare Competitive Sale by Florida Hospital Could Spark Trend
July 29, 1998From 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, 1997From 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, 1997City 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, 1997From 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