Future is here: Pittsburgh will auction GOs via Internet

Whalen, Robert
November 1997
Bond Buyer;11/13/97, Vol. 322 Issue 30272, p1
Trade Publication
Announces Pittsburgh, Pennsylvania's plan to accept bids on its $70 million general obligation bond deals through the Municipal Auction Web site. Background on the site developed by Grant Street Advisers to allow underwriters and investors to compete for bond offerings through the Web; Initial reaction of market participants to the site; Wall Street houses opting to ride the bench on the deal.


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