|
- UID
- 217814
- 帖子
- 252
- 主题
- 125
- 注册时间
- 2011-5-24
- 最后登录
- 2012-9-12
|
| essentially some funds always own the new on-the-run issue which meaning they have to sell the previous one upon a new issue (out of the repo market). since the latest off-the-run is being sold across the board the price drops below fair value (temporarily). |
|
发表于 2011-7-13 13:51
|