> For the complete documentation index, see [llms.txt](https://dev.bondprotocol.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dev.bondprotocol.finance/smart-contracts/bond-system/auctioneer/fixed-price-auctioneer-fpa/fixed-expiry-fpa.md).

# Fixed-Expiry FPA

### Fixed-Expiry FPA Contract

The Fixed-Expiry FPA is an implementation of the [Base FPA](broken://pages/gLPqj1T9h90FWgqoFlFi) contract specific to creating fixed-expiry bond markets and deploying an ERC20 bond position token for the market on creation.