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"It has also not been possible to undertake any comprehensive benchmarking of pricing and some of the awarded prices do appear to be higher than that currently being paid to the FSS," he added.
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Corporate expansion plans and bank lending depend on a reliable benchmark of price increases.
The mechanism encourages competition and accountability of suppliers and promotes benchmarking of supplier prices.
DUBAI — Saudi Arabia issued its first government-backed Islamic bond this week, for its aviation agency, setting a benchmark for pricing of conventional and Islamic bond issues this year because of its size.
A key feature of the auction design proposed by the regulator TRAI is the benchmarking of the reserve price of 1800 MHz to the price of 2100 – 3G spectrum revealed in the 2010 auction.
And a settlement of a class-action suit against a company that publishes a widely followed benchmark of drug prices will cause the publisher to lower the average wholesale prices for more than 2,000 drugs by 5percentt.
"It would be better to have a large Treasury debt outstanding so that those of us who deal in the financial markets have easy benchmarks and easy means of pricing and of funding," he told senators in February.
Mr. Greenspan said that there was no doubt that other things being equal, "it would be better to have a large Treasury debt outstanding so that those of us who deal in the financial markets have easy benchmarks and easy means of pricing and of funding," he said in answer to a question as he testified before the Senate Banking Committee.
In testimony before the Senate Banking Committee, Mr. Greenspan said that all things being equal, there was no doubt that "it would be better to have a large Treasury debt outstanding so that those of us who deal in the financial markets have easy benchmarks and easy means of pricing and of funding".
For example, much of the growth in markets, such as credit derivatives, would not be possible without the development of pricing benchmarks such as the LIBOR swap curve.
Even as new tools and strategies emerge to help advertisers and Web publishers squeeze out value, the lack of pricing benchmarks and adequate scale leaves the online ad market still feeling like a frontier town.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com