Negotiated Bond Sale Process

A negotiated sale is a method of offering bonds in which the District works with a selected Underwriter to negotiate the terms of the financing.  The general steps for a negotiated bond sale include:

-          The preliminary official statement (“POS”) is posted for investors
-          The Underwriter markets the bonds to investors
-          A pre-pricing call is conducted
-          An order period is held for the bond sale
-          A final pricing call is conducted

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