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Monday, 06 June 2016 - 7:41
More transparent Treasury Bond auctions
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The Monetary Board last week recommended several measures to ensure more transparency in Treasury bond auctions.

The Central Bank said in a statement it recommends the bond management team to hold pre-bid meetings with all the Primary Dealers.

This was in order to share information on market developments and to have a clearly defined auction calendar.

Pre-bid meetings were also recommended in order to examine the international best practices with respect to volumes advertised and accepted at public auctions and propose to the Board as to how the Central Bank should adopt such practices.

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