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.
SCIMA record nr: 241974
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