How Sovereign Debt Auctions Quietly Freeze Out Creditors
The mechanics of sovereign debt auctions contain structural rules that exclude certain bidders before a single price is set. Here is how it works.
Essays · Reportage · Criticism · Ideas
1 piece on file · tagged “auction design” · Business
The mechanics of sovereign debt auctions contain structural rules that exclude certain bidders before a single price is set. Here is how it works.