A method of purchasing treasury bills in which an investor agrees to buy a specified number of securities at the average price of the accepted competitive bids.
Related information about noncompetitive bid:
- Noncompetitive Bid - Financial Dictionary - The Free Dictionary
In a Treasury auction, bidding for a specific amount of securities at the price, whatever it may turn out to be, equal to the average price of the accepted ...
- What is noncompetitive bid? definition and meaning
Definition of noncompetitive bid: A method of purchasing treasury bills in which an investor agrees to buy a specified number of securities at the average price of ...
- noncompetitive bid - Invest Definition
noncompetitive bid definition: Treasury auction bids that come from small investors over the Internet, from a Federal Reserve Bank, or from some commercial ...
- Institutional - How Treasury Auctions Work
Sep 24, 2012 ... With a noncompetitive bid, a bidder agrees to accept the rate or yield determined at auction. Bidding limits apply cumulatively to all methods ...
- noncompetitive bid: Definition from Answers.com
noncompetitive bid n. A method of purchasing U.S. Treasury bills at the weekly public auction by agreeing to purchase.
- noncompetitive bid Definition | Business Dictionaries from ...
method of buying Treasury bills without having to meet the high minimum purchase requirements of the regular dutch auction ; also called noncompetitive tender ...
- Noncompetitive Bid Law & Legal Definition
According to 31 CFR 356.2 [Title 31 -- Money and Finance: Treasury; Subtitle B -- Regulations Relating to Money and Finance; Chapter II -- Fiscal Service, ...
- The Differences Between a Competitive Bid & a Noncompetitive Bid ...
The Differences Between a Competitive Bid & a Noncompetitive Bid in a T-Bill Auction. The United States Treasury issues short-term securities known as ...