Bidding Behavior in Treasury Bill Auctions: Evidence From Pakistan photograph

Bidding Behavior In Treasury Bill Auctions: Evidence From Pakistan

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Originally published June 2000
AuthorsDaniel C. L. Hardy
Date of Reg.
Date of Upd.
ID2180265
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About Bidding Behavior In Treasury Bill Auctions: Evidence From Pakistan


Behavior in the first three years of auctions for Pakistani treasury bills is studied. Bidding strategies rapidly converged to a consistent pattern after the auctions started in 1991. . . .

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