Oversubscribed or underpriced? How the new four-year bond cleared 200bp below the market
Features

Oversubscribed or underpriced? How the new four-year bond cleared 200bp below the market

The final results, the discount that held, and what the auction says about investor demand and system liquidity

Norman Adu BAMFO
Published September 10, 202612 min read

The result

Published by Francis Buetey
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