I slept on it. I now think you are right, Marcus.
A block trade or auction to Oz instiutions and super funds solves the problem. Fifteen big funds at $1m each would do the trick and be sufficiently transparent for Treasury. They can hide that in their 'emerging' portfolios.
The Q then narrows to: How much will they pay?
Ash
I slept on it. I now think you are right, Marcus. A block trade...
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