Bids of bidder which tells that how much treasury bills bidder wants to buy is classified as

A federal acceptance bid
B bankers
C non-competitive bids
D competitive bids

Correct Answer: non-competitive bids

Bids of bidder which tells that how much treasury bills bidder wants to buy is classified as non-competitive bids. Non-competitive bidding means the bidder would be able to participate in the auctions of dated government securities without having to quote the yield or price in the bid.

Related Questions

Submitted bids in treasury bills auction consists of types which are
Bidder who can receive allocation of treasury bills before all other bidders is result of
Principal investors of US treasury bills which are issued by US treasury does not includes
Who can buy Treasury Bills ?

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