Pricing Bonds in a Negotiated Sale

Type: 
Best Practice
Approved by GFOA's Executive Board: 
February 2012
Recommendation: 

The GFOA recommends that the primary goal of government issuers should be to achieve the lowest overall cost of financing. The GFOA recommends that issuers, together with their
financial advisors, undertake the following to enhance the issuer’s ability to achieve a successful negotiated pricing: