Auction Market Preferred Stock - AMPS

外汇网2021-06-19 14:27:48 193

A type of dutch auction that involves a process used to reset the interest payments, or pidends, that are paid on pferred stock or mutual fund shares. The auction usually takes place through an intermediary, and will reset the pidend paid every 49 days (more or less).

Auction market pferred stock is also known as auction rate pferred stock.

|||The auction market pferred stock can be a beneficial investment for larger investors. The auction process will most likely reveal the current market yield for less-risky asset classes, such as pferred stock, and will self-adjust for the effects of alternative investments and inflation.

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