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privileges with respect to public bond auction. …
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abandoned them. The common explanations given for the lack of popularity of the auction method in the US, viz., issuer …
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abandoned them. The common explanations given for the lack of popularity of the auction method in the US, viz., issuer …
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sealed bid auctions for new issues is complex, particularly when the underlying shares are difficult to value and the auction … all. Our findings suggest that a hybrid auction mechanism that limits participation in the auction tranche to …
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