Grant Street Group Develops Auction Agent Website For Wells Fargo Corporate Trust Services
May 3, 2004Wells Fargo Online AuctionsSM will complement core bond trustee services Wells Fargo Bank, N.A. today announced the introduction of its new Auction Agent Services, featuring a new online auction site, Wells Fargo Online AuctionsSM. The new Website, developed by Wells Fargo in conjunction with Grant Street Group, is located at www.wfauctions.com and allows real time… Read more »
Woodbury County, Iowa Uses GFOA YieldAdvantage
March 30, 2004Woodbury County, Iowa solicited $401,000 in CDs 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 via phone. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids easily and efficiently from a larger number… Read more »
Cook County, Illinois Uses GFOA YieldAdvantage
February 5, 2004Using an online auction platform for the first time, Cook County earned significantly better yields on the investment of its bond proceeds than it has in the past. The County placed $100 million in investments using GFOA YieldAdvantage, a new Internet auction website offered by the Government Finance Officers Association. Tom Glaser, chief financial officer… Read more »
Government Finance Officers Association Teams with Grant Street Group to Bring Money Market Investment Platform to Public Sector
December 4, 2003The Government Finance Officers Association (GFOA) today announced an alliance with Grant Street Group, a fixed income Internet auction house, to create GFOA YieldAdvantage, a real-time electronic marketplace for governments to invest their cash holdings. Historically, governments have sought several quotes from local banks before investing their cash. This is done via fax or over… Read more »
Grant Street Group Develops Auction Agent Website For Wachovia
October 9, 2003Wachovia 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 investing in our corporate trust… Read more »
Story County, Iowa Uses YieldAuction
August 25, 2003Grant 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 governments are able to solicit bids… Read more »
Washington County, Pennsylvania Uses YieldAuction
April 11, 2003Grant 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 able to solicit bids easily… Read more »
St. Johns County Tax Collector, Florida Uses YieldAuction
March 27, 2003Grant 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 and local governments are able to… Read more »
Sioux County, Iowa Uses YieldAuction
September 3, 2002Grant 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 local governments are able to solicit… Read more »
Butler County, Pennsylvania Uses YieldAuction
May 16, 2002Grant 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 local governments are able to solicit… Read more »