LOS ANGELES -- Issuers in Oregon generally stand to save more by selling bonds on a competitive rather than negotiated basis, a report from a University of Oregon faculty member suggests.

The study, focusing on 210 general obligation bond issues sold in Oregon during 1992 and 1993, found that competitive bids resulted on average in a true interest cost about 29 basis points lower than negotiated sales.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.