A competitive sale and negotiated sale are the two methods by which an underwriter can purchase bond from an issuer for resale to investors.  Selecting the wrong method will result in higher total financing costs.  The following resources are intended to assist issuers in their decision making process.
 

WM Financial Strategies
1515 N. Warson Rd, Suite 274
St. Louis, Missouri 63132
Phone (314) 423-2122
Fax (314) 432-2393
JHoward@munibondadvisor.com