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Quantitative Finance · शब्दावली

On-the-run and off-the-run क्या है?

अन्य नाम: on-the-run · off-the-run

Definition 4.7 Markets II: Rates, FX and Credit · अध्याय 4 — The Treasury Market

The most recently auctioned security of each original maturity is on-the-run (the benchmark); all earlier issues of that maturity are off-the-run. Each new auction makes the previous benchmark off-the-run.

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