Series 53: Notice Of Sale

Taken from our Series 53 - MSRB Municipal Securities Principal Qualification Exam

Definition of the term Notice Of Sale...

a public announcement made by a municipal issuer that is conducting a competitive bid underwriting. The notice states each of the following: the amount of the proposed sale; the type of bonds being offered; the dated date; the process for submitting bids; the structure of the issue; the desired form of the bid; and the status of the legal opinion.

Since you're reading about Series 53: Notice Of Sale, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 53
Please Enable Javascript
to view this content!