Banner Health Conducts Its First Swap Auction

March 23, 2006

Pittsburgh, PA (March 23, 2006) — Banner Health, one of the largest, non-profit healthcare systems in the U.S., utilized Grant Street Group’s Internet auction platform to take competitive bids for the fixed rate component of an interest rate swap. Three financial institutions participated in the open auction in which 61 bids were submitted. At the… Read more »

Categories: Auctions

Grant Street Group’s LienAuction Helps Maricopa County’s “Hopes and Dreams” Come True

February 16, 2006

Pittsburgh, PA (February 16, 2006) — The winners have been selected and the funds collected. The verdict: “It looks like it met all our hopes and dreams,” Maricopa County Treasurer David Schweikert said of the county’s first-ever Internet-based tax certificate sale. Grant Street Group, a Pittsburgh-based software company that specializes in customized software applications for… Read more »

Categories: Auctions | Revenue Collection

Nassau County and PFM conduct first-ever open note auction in New York State

December 7, 2005

Pittsburgh, PA (December 7, 2005) — This week Nassau County, NY utilized their financial advisor’s PFMauction website – a competitive auction platform created by Grant Street Group to issue $120 Million in Tax Anticipation Notes. In separate auctions for two series of notes — Series A and B — bids were received during 30 minute… Read more »

Categories: Auctions

Lexington-Fayette Urban County Government, Kentucky, uses GFOA YieldAdvantage

September 15, 2005

Pittsburgh, PA (September 15, 2005) — Lexington-Fayette Urban County Government, Kentucky placed a $4 million investment using GFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association. Using the GFOA YieldAdvantagewebsite, state and local governments are able to solicit bids and exchange settlement information easily and efficiently via the Internet. The four… Read more »

Categories: Auctions

Cook County Forest Preserve District, Illinois, uses GFOA YieldAdvantage

September 14, 2005

Pittsburgh, PA (September 14, 2005) — Cook County Forest Preserve District, Illinois placed a $3.2 million investment using GFOA YieldAdvantage , an Internet auction website offered by the Government Finance Officers Association. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids and exchange settlement information easily and efficiently via the… Read more »

Categories: Auctions

Washtenaw County, Michigan, uses GFOA YieldAdvantage

July 26, 2005

Pittsburgh, PA (July 26, 2005) — Washtenaw County, Michigan placed a $5 million investment using GFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association. Traditionally, government entities and school districts solicit bids from banks and broker-dealers via phone. Using the GFOA YieldAdvantage website, state and local governments are able to solicit… Read more »

Categories: Auctions

Cook County Treasurer’s Office, Initiates Use of GFOA YieldAdvantage for Weekly Certificate of Deposit Auctions

June 7, 2005

Pittsburgh, PA (June 7, 2005) — Advancing a commitment of harnessing technology to enhance efficiencies, the Cook County Treasurer’s Office, Illinois, commenced use of GFOA YieldAdvantage to invest in certificates of deposit on June 7, 2005. Using GFOA YieldAdvantage , an Internet auction offered by the Government Finance Officers Association, the Treasurer’s Office invested $88.3… Read more »

Categories: Auctions

St. Clair County, MI, uses GFOA YieldAdvantage

May 31, 2005

Pittsburgh, PA (May 31, 2005) — The County of St. Clair, Michigan placed a $5.7 million investment using GFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association.

Categories: Auctions

Sahuarita, AZ, uses GFOA YieldAdvantage

May 19, 2005

Pittsburgh, PA (May 19, 2005) — The Town of Sahuarita, Arizona placed a $5 million investment using GFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association. Traditionally, government entities and school districts solicit bids from banks and broker-dealers via phone. Using the GFOA YieldAdvantagewebsite, state and local governments are able to… Read more »

Categories: Auctions

Carson City, Nevada, uses BidNV for Laddered Portfolio Solicitation

May 12, 2005

Pittsburgh, PA (May 12, 2005) — Carson City, Nevada, invested $7 million in proceeds from its recent bond sale by using www.BidNV.com, an Internet auction website developed by Grant Street Group for GIF Plan Advisors. “The process was intuitive and the returns exceeded our expectations,” said Al Kramer, treasurer of Carson City, Nevada. The solicitation… Read more »

Categories: Auctions