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Auction

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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.
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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.
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See also: [[Auction]]
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Revision as of 13:58, 12 June 2009

A public sale of a security whereby the issuer invites authorized dealers to make bids in price or yield until the full amount of the issue is sold.

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