Your English writing platform
Discover LudwigSuggestions(1)
Exact(26)
"We are so disappointed," Simonds said of the failed auction.
That may seem far-fetched, but the British Treasury recently had a failed auction.
The failed auction increased the likelihood that Latvia would have to devalue its currency and roiled currency and financial markets.
In Arnold, a subsidiary of a company had been the subject of a highly contingent bid for $275 million in the context of a prior, failed auction.
Besides the failed auction, the central bank found that gilts were being dumped into the APF at below-market prices on April 6th.
The failed auction left the government without a backup plan for the three insurers, which have only 1.6percentt of the life insurance market.
Similar(34)
Issuers would also benefit by renegotiating contracts to eliminate payments for unsold securities and failed auctions.
You see, there weren't ever supposed to be failed auctions, so the penalties weren't supposed to be relevant.
The latest European 3G auction debacle mimics failed auctions late last year in Italy and Switzerland.
The company said it still owns $127.2 million of the securites, which have experienced multiple failed auctions.
A failed gilt auction, in particular, could send sterling tumbling.
Write better and faster with AI suggestions while staying true to your unique style.
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