Municipal Bond Market: Cities turn to online bond auctions
Cities turn to online bond auctionsNew Jersey towns are turning to online auctions for municipal bond sales. Secaucus drew double the number of bids as it had in the past when it conducted an electronic auction for a $9.45 million bond. "The old system ... had outlived its usefulness," SIFMA's Michael Decker said.
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municipal bond market, bond auctions, capital markets, underwriting
Labels: bond auctions, capital markets, municipal bond market, underwriting
posted by Victor Lloyd Smith @ 4:08 PM
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