"A negotiated offering in which a new issue of municipal securities is sold on an agency basis by a placement agent directly to institutional or private investors rather than through an offering to the general investing public" is referred as:

Question

Quizplus · Accepted Answer

A private placement involves selling securities directly to a select group of investors, such as institutional or private investors, rather than the general public, which matches the description given.

"A Negotiated Offering in Which a New Issue of Municipal