Negotiated Sale

The sale of a New Issue of Bonds by an Issuer through an exclusive agreement with an Underwriter or Underwriting Syndicate selected by the Issuer. A Negotiated Sale is distinguished from a Competitive Sale, which involves a public bidding process for the purchase of the Bonds.

Preparing Bonds

Learn about over various terms and concepts that may arise while preparing a bond issue.

In Contrast With

Competitive Bid / Sale

A method of selling bonds in which one or more underwriters submit proposals for the purchase of the bonds.

Hudson Yards Rail Yards

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Hundreds of Terms and Concepts

Refunding Bond

Bonds issued in a refunding to pay off the refunded bonds.