NEW ORLEANS -- Using qualified bidders or subscription bids offers issuers two viable alternatives to the uncertainty of selling bonds through a pure competitive financing, two prominent investment bankers said this weekend.

Speaking Sunday at the fourth annual State Debt Management Network conference here, W. Boyd London, a managing director at First Southwest Co., and Patrick P. Born, a senior vice president at Evensen Dodge Inc., said that issuers need to examine many different methods of sale before they bring their issue to market.

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