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- 2016-6-23
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| When credit markets are well bid (spreads are tight) then companies have an incentive to issue paper because its cheap vs when the credit markets are out of fashion and its more expensive…..the primary markets usually open in windows, especially in the high yield markets…..not sure why the CFA puts it the other way around… |
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发表于 2013-4-22 08:07
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