---
title: Municipal Bond Auctions and Trading
url: https://www.ml-quant.com/papers/ssrn/5248851/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 5248851
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5248851
featured: 2025-05-14
citations: unknown
topic: Trading, Microstructure & Execution
---


# Municipal Bond Auctions and Trading

In municipal bond auctions, dealers bid higher when expecting to acquire new clients, resulting in lower winning yields and broader trading networks.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5248851
- Identifier: SSRN 5248851
- Released: 2025-05-01
- First featured: Quant Letter No. 97 (2025-05-14): https://www.ml-quant.com/issues/2025-05-14/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Trading, Microstructure & Execution

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