Just call us Bond. Amortized bond.
Over 700 finance terms, Shmooped to perfection.
Uh, an auction held in Amsterdam? Well, maybe. But in the land of The Seven, it's a public offering where the offering price is only determined after reviewing all bids and determining the highest price at which the total offering can be sold. In a Dutch Auction, investors place bids for the amounts that they are willing to buy in terms of both quantity and price.