Author: | Keloharju, M. (et al.) |
Title: | A descriptive analysis of the Finnish treasury bond market 1991-99 |
Journal: | Liiketaloudellinen aikakauskirja
2002 : 3, p. 259-279 |
Index terms: | Stock markets Finance Finland Nordic countries Europe |
Language: | eng |
Abstract: | This paper presents a descriptive analysis of the markets for Finnish Treasury bonds, focusing on 3 issues. The paper finds evidence of a price decrease in the auctioned bond series before the auction and an increase in its price after the auction. This pattern is strongest in 1992-1994. |
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