Series 7: 3.3.3.1. Initiating The Sale

Taken from our Series 7 Online Guide

3.3.3.1. Initiating the Sale

When the final prices have been decided and the contracts drawn up and signed, the issuer will begin the preparation of a final official statement, register the issue with a clearinghouse, and release the bonds for sale. The lead underwriter will place a tombstone ad in various business publications announcing the sale, including its terms, interest rates, reoffering scal

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