Davenport CSD, Iowa, uses GFOA YieldAdvantage

April 20, 2005

Pittsburgh, PA (April 20, 2005) — Davenport Community School District, Iowa placed a $15 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

Raleigh, NC, uses GFOA YieldAdvantage for Laddered Portfolio Solicitation

April 16, 2005

Pittsburgh, PA (April 18, 2005) — The City of Raleigh, North Carolina, placed a $191 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… Read more »

Categories: Auctions

Durham, NC, uses GFOA YieldAdvantage

April 14, 2005

Pittsburgh, PA (April 14, 2005) — The City of Durham, North Carolina, placed a $2 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… Read more »

Categories: Auctions

East Brunswick Board of Education, NJ, uses YieldAuction

April 7, 2005

Pittsburgh, PA (April 7, 2005) — East Brunswick Board of Education, New Jersey, placed a $76 million investment using YieldAuction, an Internet auction website developed by Grant Street Group, a fixed income Internet auction house and parent of MuniAuction. Traditionally, government entities and school districts solicit bids from banks and broker-dealers via phone. Using the… Read more »

Categories: Auctions

Clarksville, TN, uses GFOA YieldAdvantage

February 3, 2005

Pittsburgh, PA (February 3, 2005) — The City of Clarksville, Tennessee placed a $500,000 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 solicit… Read more »

Categories: Auctions

Brookings, South Dakota, uses GFOA YieldAdvantage

February 1, 2005

Pittsburgh, PA (February 1, 2005) — The City of Brookings, SD placed a $400,000 investment using GFOA YieldAdvantage, a new 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

Technology Is the Ultimate Solution to GIC Bid Rigging

January 25, 2005

The Bond Buyer– Letter to the Editor January 25, 2005 GIC bid rigging in the municipal market is no revelation. With huge sums of money involved and an archaic system of phone or fax bids, is it any wonder that the integrity of the bidding process is consistently undermined? It is incumbent on issuers and… Read more »

Categories: Auctions

Springfield Public Schools No. 19, OR, uses GFOA YieldAdvantage

November 9, 2004

Pittsburgh, PA (November 9, 2004) — Springfield Public Schools No. 19, Oregon placed a $500,000 investment using GFOA YieldAdvantage, a new 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… Read more »

Categories: Auctions

Grant Street Group Exceeds $5 Trillion in Auction Volume

November 4, 2004

Pittsburgh, PA (November 4, 2004) — Grant Street Group, the Pittsburgh-based firm that pioneered Internet auctions of new bond issues, today announced that its auction websites exceeded $5 trillion in total volume. Since hosting the first auction in November 1997 for the City of Pittsburgh, Grant Street Group has diversified into designing, developing and licensing… Read more »

Categories: Auctions

BidOhio Website Celebrates 5 Year Anniversary

October 5, 2004

Pittsburgh, PA (October 5, 2004) — Today’s $42.5 Million CD auction marks the 5 year anniversary of the www.BidOhio.comwebsite. The site has auctioned off over $2.5 Billion in 6-month CDs for the Ohio Treasury and was the first of its kind when introduced in October of 1999. It has received recognition from, the Government Finance… Read more »

Categories: Auctions