Grant Street Group Develops Auction Agent Website For Wachovia

October 9, 2003

Pittsburgh, PA (October 9, 2003)— Wachovia Corporate Trust, part of Wachovia Corporate and Institutional Trust, announced today the launch of Wachovia Auction Direct. The new system provides full-service auction agent capabilities for issuers and broker-dealers by allowing accurate and efficient online bidding of auction rate securities. “Enhancing our auction agent services demonstrates our commitment to… Read more »

Categories: Auctions

Story County, Iowa uses YieldAuction

August 25, 2003

Pittsburgh, PA (August 25, 2003) — Grant Street Group, the Pittsburgh based Internet auction house for fixed-income securities, recently used its money market investment platform, YieldAuction, to solicit a $500,000, 366-day CD for Story County, Iowa. Traditionally, government entities and school districts solicit bids from banks via phone. Using the YieldAuction website, state and local… Read more »

Categories: Auctions

Washington County, Pennsylvania uses YieldAuction

April 11, 2003

Pittsburgh, PA (April 11, 2003) Grant Street Group, the Pittsburgh-based Internet auction house for fixed-income securities, recently used its money market investment platform, YieldAuction, to solicit a $1,000,000, 182-day CD for Washington County, Pennsylvania. Traditionally, government entities and school districts solicit bids from banks via phone. Using the YieldAuction website, state and local governments are… Read more »

Categories: Auctions

St. Johns County Tax Collector, Florida uses YieldAuction

March 27, 2003

Pittsburgh, PA (March 27, 2003) — Grant Street Group, the Pittsburgh-based Internet auction house for fixed-income securities, recently used its money market investment platform, YieldAuction, to solicit a $1,000,000, 90-day CD for St. Johns County Tax Collector, Florida. Traditionally, government entities and school districts solicit bids from banks via phone. Using the YieldAuction website, state… Read more »

Categories: Auctions

Sioux County, Iowa uses YieldAuction

September 3, 2002

Pittsburgh, PA (September 3, 2002) — Grant Street Group, the Pittsburgh based Internet auction house for fixed-income securities, recently used its money market investment platform, YieldAuction, to solicit $225,000 of CDs from Iowa banks for Sioux County. Traditionally, government entities and school districts solicit bids from banks via phone. Using the YieldAuction website, state and… Read more »

Categories: Auctions

Butler County, Pennsylvania uses YieldAuction

May 16, 2002

Pittsburgh, PA (May 16, 2002) — Grant Street Group, the Pittsburgh based Internet auction house for fixed-income securities, recently used its money market investment platform, YieldAuction, to solicit $6,000,000 of CDs from Pennsylvania banks for Butler County. Traditionally, government entities and school districts solicit bids from banks via phone. Using the YieldAuction website, state and… Read more »

Categories: Auctions

Lexington County, South Carolina uses YieldAuction

February 11, 2002

Pittsburgh, PA (February 11, 2002)— Grant Street Group (formerly MuniAuction), the Pittsburgh based Internet auction house for fixed-income securities, recently used its new money market investment platform, YieldAuction, to solicit $5 million of CDs from South Carolina banks for Lexington County. Traditionally, government entities and school districts solicit bids from banks via phone. Using the… Read more »

Categories: Auctions

Grant Street Group Launches New Service

January 14, 2002

School District of Pittsburgh First Client Pittsburgh, PA (January 14, 2002) — In November and December 2001, Grant Street Group (formerly MuniAuction), the Pittsburgh based Internet auction house for fixed-income securities, used its new money market investment platform to solicit $13.5 million of CDs from Pittsburgh area banks. Traditionally, school districts and other municipal entities… Read more »

Categories: Auctions | Innovation

Grant Street Group Announces New Document Posting and Distribution Services (DPDS)

December 11, 2001

Pittsburgh, PA (December 11, 2001)— Grant Street Group announced today that it began offering its new Document Posting and Distribution Services (DPDS) to the investment community in early November. In addition to creating, archiving and electronically distributing Preliminary Official Statements (POS) and Notices of Sale (NOS), Grant Street posts Final Official Statements (OS) and other… Read more »

Categories: Auctions

Opening of YieldAuction Website

September 12, 2001

Pittsburgh, PA (September 12, 2001)— In an effort to help money market participants recover from the impact of Tuesday’s tragedy, Grant Street Group is offering the use of its YieldAuction website — free of charge — to institutional CD and TD players. Our staff will be available by phone to assist you and your counterparties… Read more »

Categories: Auctions