Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is a noncompetitive bid?

bid noncompetitive
0
Posted

What is a noncompetitive bid?

0

In a Treasury auction, a noncompetitive bid guarantees you’ll get the full amount of the security you purchase at the rate or yield determined during the auction by competitive bidding.

0

In a Treasury auction, a noncompetitive bid guarantees you’ll get the full amount of the security you requested at the rate or yield determined during the auction by competitive bidding.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.