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Maturity by Maturity Bidding (MBM)

Definitions

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Luis Fok
last edited by admin

A bond auction that allows bidders (who are underwriters) to submit bids for selected maturities in its issue.
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Maturity by Maturity Bidding (MBM) meaning & definition 1 of Maturity by Maturity Bidding (MBM).

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Normal work day, on a conference call, about to squeeze out a nice silent fart through an [Aeron] chair and surround myself with deadly aroma. At the last second, I noticed a slightly [off center] feeling in the sphincter, and induced a underwear-saving clench when I sharted a moment later. The experience really highlights how this is really a game of inches. Sure I coated the cheeks with some viscous mud, but that quick reaction saved me from [free balling] for the day. As a younger man, I doubt I would have possessed the intimate connection to and understanding I have for my body that prompted that clench. But today, following years of beers, beans, farts and conference calls, Im really [tuned in] and avoided a perilous situation.
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Vitiation refers to the action of spoiling, impairing, corrupting or making something ineffective, typically in the context of legal contracts or agreements. A contract, for instance, can be vitiated if there was a mistake, misrepresentation or fraud involved in its formation, rendering it invalid or unenforceable. In broader terms, vitiation can also refer to the process of corruption or degradation.

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Maturity by Maturity Bidding (MBM)