Economic Announcements and the Timing of Public Debt Auctions /

Most treasuries around the world sell their securities at auctions either directly or indirectly through an agent, usually the central bank. Although they can control both the rules and the timing of the auction, they may not be able to control the information and valuations of bidders. The purpose...

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Detalhes bibliográficos
Autor principal: Rossi, Marco
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1998.
coleção:IMF Working Papers; Working Paper ; No. 1998/044
Acesso em linha:Full text available on IMF