bond-basics

Official Statement (“OS”)

The Offering Document used by an Underwriter in a Public Offering.

Get it in Writing

Learn more about the various documents involved in a municipal securities transaction.


See Also

Offering Document

The document prepared by, or for, the Issuer and distributed to investors to provide disclosure with respect to one or more issues of bonds. 

Preliminary Official Statement (“POS”)

The type of offering document circulated prior to the determination of the interest rates and certain other terms of the bonds when it is anticipated or known the bonds will be purchased by an underwriter and resold to the public.

Hudson Yards Rail Yards

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SLGS

Pronounced “slugs,” an acronym for “State and Local Government Series,” which are special United States Treasury securities sold to issuers and conduit borrowers directly by subscription from the Department of the Treasury.