| The magnitude of underpricing increased during the first month of aftermarket trading before being eliminated. |
| In the desperate search for yield, investors were effectively underpricing risk and the high risk appetite made credit much looser than the central banks' policies would have suggested. |
| The evidence provided in this paper suggests an underpricing of convertible bonds to the extent that negative conversion option prices are often implied. |
| In this case, the issuing company may offer an additional incentive in the form of underpricing. |
| Solicitors and estate agents hotly deny the systematic underpricing of property in order to ramp up interest. |
| This included an underestimation of the quantity of risk financial institutions took upon themselves and an underpricing of the unit of risk. |
