Dutch direct auction attracts investors but execution poor

26 Jun 2003

The Dutch State Treasury achieved its main aim of attracting end investors into its primary bond issuance through its new "Dutch direct auction" (DDA) process when it allocated 85% of a new Eu5bn five year Dutch State Loan (DSL) to end investors.

However, the deal's execution came under fire after price guidance was ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.