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- W2151171569 abstract "Treasury auctions are designed to minimize the cost of financing the national debt by promoting broad, competitive bidding and liquid secondary market trading. A review of the auction process - from the announcement of a new issue to the delivery of securities - reveals how these objectives have been met. Also highlighted are changes in the auction process that stem from recent advances in information-processing technologies and risk management techniques." @default.
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- W2151171569 date "2005-03-08" @default.
- W2151171569 modified "2023-09-26" @default.
- W2151171569 title "The Treasury Auction Process: Objectives, Structure, and Recent Adaptations" @default.
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