MuniAuction Chooses Inflow’s Pittsburgh Colocation Center

December 5, 2000

Inflow Improves Internet Reliability, Security of Live Auction Website DENVER and PITTSBURGH, Dec. 5 — InFlow, Inc., a national leader in first class data centers and managed services, was chosen by MuniAuction to provide quality colocation with 24x7x365 onsite customer service. Focused on real-time Internet auctions, MuniAuction has installed its production servers in Inflow’s Pittsburgh… Read more »

Categories: Company History

Housing GICs Continue Shift to MuniAuction’s Electronic GIC Platform

November 14, 2000

Pittsburgh, PA (November 14, 2000) — Oregon Housing and Community Services Department conducted a GIC auction on the MuniAuction platform on November 14, 2000 for $35 million in public funds. MuniAuction has acted as agent for 22 previous GICs totaling $1.2 billion in par value. Others using the MuniAuction platform have included Alaska Housing Finance… Read more »

Categories: Auctions

MuniAuction Over $1 Trillion in Par Amount

Pittsburgh, PA (November 14, 2000)— MuniAuction, the Pittsburgh-based firm that pioneered Internet auctions of new bond issues conducted an auction today that pushed the company’s total volume over $1 trillion. Three years ago, MuniAuction conducted the first Internet auction of a new bond issue in a controversial $70 million sale for the City of Pittsburgh…. Read more »

Categories: Auctions

Kirkpatrick to Sell $57 Million of Colorado Bonds Via MuniAuction

August 15, 2000

from The Bond Buyer – Dallas, TX (August 15, 2000) by Darrell Preston Kirkpatrick Pettis’ Denver office is establishing an electronic underwriting presence in an effort to give Colorado issuers – that traditionally favor negotiated deals – another format for doing competitive bond sales. The Omaha-based firm, which launched its electronic commerce effort this summer… Read more »

Categories: Auctions

Borough of State College, Pennsylvania Turns to Web to Pay for Town Hall

July 9, 2000

From the Centre Daily Times – State College, PA (July 9, 2000) by Stephenie Steitzer Pittsburgh, PA (July 9, 2000) — The borough of State College, Pennsylvania is jumping on the Internet ship in an effort to stay afloat in today’s fast-paced electronic world. On Monday afternoon, borough council will accept bids via the Internet… Read more »

Categories: Auctions

FHLBanks Launch New Internet-Based Discount Note Auctions

January 11, 2000

Successful Sale Totals Over $2.4 billion Pittsburgh, PA (January 11, 2000) — The Federal Home Loan Bank System, the nation’s largest source of home mortgage credit, today launched their first ever competitive discount note auction over the internet. Using a customized platform created by AgencyAuction, a unit of MuniAuction, Inc., the 15 member Selling Group… Read more »

Categories: Auctions

A Secondary Market First: MuniAuction to Host Online Trades Dec. 15

December 6, 1999

From the Bond Buyer – Pittsburgh, PA (December 6, 1999) by Jennifer Karchmer For the first time, institutional buyers and sellers of municipal bonds will meet next week over the Internet in secondary market trading through a Website powered by the Pittsburgh-based online bond bidding service MuniAuction. Participants will log onto the Website for the… Read more »

Categories: Auctions

Investors Take a Turn at Bat: Pittsburgh GOs Split Between Street, Direct Buyers in First-of-Its-Kind Sale

November 10, 1999

From the Bond Buyer – Pittsburgh, PA (November 10, 1999) by Jennifer Karchmer and David Hoffman The first test of institutional investors’ appetite for buying municipal bonds directly from their issuers – yesterday’s $56.9 million Pittsburgh general obligation bond sale – produced mixed results. Traditional broker-dealers provided more than three times as many bids than… Read more »

Categories: Auctions | Innovation

Pittsburgh Offers a New Web Option

October 12, 1999

From the Bond Buyer – Atlanta, GA (October 12, 1999) by Robert Whalen and David Hoffman Pittsburgh may again rattle the status quo in the municipal bond market, this time by offering institutional investors the option to bid directly via the Internet on the city’s upcoming $55 million general obligation bond sale. Over the weekend,… Read more »

Categories: Auctions

E-Bidding Innovation: Ohio Begins Online Interim-Fund Auctions

September 28, 1999

From the Bond Buyer – Chicago, IL (September 28, 1999) by Mary Wisniewski The Ohio Treasurer’s office next week will usher in a new era of electronic bidding when it becomes the first issuer to use its own private-label Website to conduct an online auction of state investment dollars. State treasury officials have no plans… Read more »

Categories: Auctions | Innovation