A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Auction
(Difference between revisions)
|
|
| (3 intermediate revisions not shown.) |
| Line 1: |
Line 1: |
| - | A public sale of a [[Security|security]] whereby the issuer invites authorized dealers to make bids in price or [[Yield|yield]] until the full amount of the issue is sold. | + | A public sale of a [[Security|security]] at which the issuer invites authorized dealers to make [[Bid|bid]]s by price or [[Yield|yield]] until the full amount of the issue is sold. Governments regularly hold auctions of [[Treasury Bill|treasury bill]]s and [[Treasury Bond|treasury bond]]s to finance public debt. |
| | + | |
| | + | See also: http://www.newyorkfed.org/aboutthefed/fedpoint/fed41.html |
| | + | |
| | + | http://www.dmo.gov.uk/index.aspx?page=Gilts/Operations |
Current revision
A public sale of a security at which the issuer invites authorized dealers to make bids by price or yield until the full amount of the issue is sold. Governments regularly hold auctions of treasury bills and treasury bonds to finance public debt.
See also: http://www.newyorkfed.org/aboutthefed/fedpoint/fed41.html
http://www.dmo.gov.uk/index.aspx?page=Gilts/Operations