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- UID
- 223363
- 帖子
- 241
- 主题
- 53
- 注册时间
- 2011-7-11
- 最后登录
- 2014-7-1
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| 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). |
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发表于 2013-4-2 12:12
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