Sovereign debt issuance and trading (for the CFA Level 1 exam) discusses:
- the placing of competitive and non-competitive bids at public auctions for sovereign debt,
- single- and multiple-price auction formats,
- the role of primary dealers, as well as
- secondary markte trading in government debt securities.

This video explores topics covered in Lesson 3, Learning Module 5 of the Fixed Income section of the 2024 CFA Level 1 Curriculum.

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