Series 53: Soliciting The Bid

Taken from our Series 53 Online Guide

Soliciting the Bid

The issuer will post a Notice of Sale in The Bond Buyer and elsewhere that announces:

• The amount of the proposed sale

• The type of bonds being offered

• The dated date (the date when interest will start accruing on the purchased bonds)

• The process for submitting bids (including location and time)

The notice will also announce:

• The structure of the issue

• The desired form of the bid (whether net interest cost or true interest cost)

• The status of the legal opinion (whether q

Since you're reading about Series 53: Soliciting The Bid, you might also be interested in:

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