The Treasury Bill Auction and the When-issued Market

"The Treasury Bill Auction and the When-issued Market: Some Evidence" provides an analysis of treasury bill auctions and the associated 'when-issued' market. This study delves into the dynamics of these financial instruments, offering insights into market behavior and pricing mechanisms.

Authored by Sushil Bikhchandani and Chi-fu Huang, this work contributes to the understanding of government securities and their role in the broader financial landscape. It will be of interest to economists, finance professionals, and anyone seeking a deeper knowledge of treasury bill markets.

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