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[CFA入门] 请教概念off-the-run和on-the-run?

请问off-the-run和on-the-run分别是什么意思啊 谢谢!!

 The most recently auctioned issue in each maturity is called the on-the-run issue (also called the current issue).The previously auctioned issue that is replaced by the on-the-run issue is called the off-the-run issue.other issues are called well-off-the-run issues.

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