Davenport Community School District, Iowa, Uses GFOA YieldAdvantage

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 solicit bids easily and efficiently from… Read more »

Raleigh, North Carolina, Uses GFOA YieldAdvantage for Laddered Portfolio Solicitation

April 16, 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 YieldAdvantage website, state and local governments are able to solicit bids and exchange settlement information easily and efficiently via the Internet. The laddered portfolio transaction was a… Read more »

Durham, North Carolina, Uses GFOA YieldAdvantage

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 YieldAdvantage website, state and local governments are able to solicit bids and exchange… Read more »

East Brunswick Board of Education, New Jersey, Uses YieldAuction

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 YieldAuction website, state and local governments… Read more »

City of Clarksville, Tennessee, Uses GFOA YieldAdvantage

February 3, 2005

The City of Clarksville, Tennessee placed a $500,000 investment using GFOA YieldAdvantage5, 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 bids easily and efficiently from… Read more »

City of Brookings, South Dakota, Uses GFOA YieldAdvantage

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 YieldAdvantage website, state and local governments are able to solicit bids easily and efficiently… Read more »

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 »

Springfield Public Schools No. 19, Oregon, Uses GFOA YieldAdvantage

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 YieldAdvantage website, state and local governments are able to solicit bids and exchange… Read more »

Grant Street Group Exceeds $5 Trillion in Auction Volume

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 customized or private-labeled auction websites used… Read more »

BidOhio Website Celebrates 5 Year Anniversary

October 5, 2004

Today’s $42.5 Million CD auction marks the 5 year anniversary of the www.BidOhio.com website. 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 Officers Association (GFOA)- Louisville Award… Read more »