Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Auction Technique
Auction is the most common method to sell Government Securities. Other methods include tap sales, syndication and book building process. Presently many countries do not allow the direct participation of all investors in an auction. Instead, they are permitted to participate in the auctions through authorized intermediaries like banks and Primary Dealers (PDs). Actually, the investor base that participates in the auction process is determined by the practical situation of the process and in some cases the controlled investor base determines the evenness in the auction techniques and combinations. Discriminatory price auction is one of the options due to which the investors keep away because of the winners curse. The disadvantage is that there is a danger of irresponsible bidding and uniform collusion.
One cannot say which is better: discriminatory or uniform price auction. A combination, that is, discriminatory auction with a ceiling can be considered as important in this context, as it reduces the winners curse.
Usually the central bank does not participate in auctions, but if the situation necessitates, it has to take part in the auctions without competing with other bidders. Sometimes the central bank is involved in buying Government Securities on its own and sometimes it is compelled to do so. In countries such as Indonesia and Peru, the laws eliminate the participation of central bank in primary auctions and in countries like Malaysia, Philippines and Hungary the central banks restrict themselves from participating in the primary market.
Suggestion regarding Credit limit. Should it be approved or not, what should be the amount of credit limit that electronics give to Booth Plastics.
Financial Control: - The establishment as well as use of financial control devices is an important function of financial management. These devices comprise: Budgetary Contro
what is the sensitivity analyses
WHAT ARE THE MAIN VIEWS OF WACC PREVALENT IN THE FINANCIAL MANAGEMENT LITERATURE
How has the merger activity in the past decade affected the concentration of assets in the banking industry? A: Over the last decade, some commercial banks declined by twenty-o
Drug companies are not forced to divulge all studies they performed to the FDA. Suppose a drug company knows that the drug has no effect and followed the strategy described in (b1)
Chi Square Test as a Test of Independence In real life decision making, managers often have to know whether the differences between the proportions observed from a number of sa
can you help me subtract checks and balances in financial algebra
Corporate debt instruments are the financial obligations of a corporation having priority over the claims of the shareholders (equity or preferred) at the time of
Bond - One type of long-term PROMISSORY NOTE, often issued to the public as a SECURITY regulated under federal securities laws or state BLUE SKY LAWS. Bonds can eitherbe registered
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd