(Answered) In a Treasury auctionpreferential bidding status is granted to A noncompetitive bidders. B short…

Written by

in

➤ How do I submit a noncompetitive bid and what limits apply?
Place a noncompetitive bid through TreasuryDirect or your broker/ bank by naming the dollar amount, not a yield. For marketable Treasury auctions, the current noncompetitive limit is $10 million per auction. Always review the auction notice for settlement details, cut-off times, and any rule updates before submitting a bid.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *