Definition
A government securities auction is the process of selling government debt to investors.
Why It Matters
It helps determine interest rates on government borrowing.
Example
Auctioning Treasury bonds.
Malone Global University
Malone Global University
Economics Glossary – Malone Global University
A government securities auction is the process of selling government debt to investors.
It helps determine interest rates on government borrowing.
Auctioning Treasury bonds.