Submitted bids in treasury bills auction consists of types which are

A competitive bids

B non-competitive bids

C treasury bids

D both a and b

Correct Answer: both a and b

Submitted bids in treasury bills auction consists of types which are competitive bids and non-competitive bids. Treasury delivers securities to bidders who were awarded securities in a particular auction. In exchange, Treasury charges the accounts of those bidders for payment of the securities. Treasury bills are issued at a discount or at par (face amount) and are paid at par at maturity.

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Type of bids which states complete description about quantity of bids and prices of bids is classified as

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

Principal investors of US treasury bills which are issued by US treasury does not includes

Which of the following organizations can issue Treasury Bills?

Which of the following organiztions can issue Treasury Bills?

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