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 the accepted competitive Bid.

Related Terms: 12 Accept, Average, Bid, Bill, Buy, Competitive bid, Competitive, ECU, ECI, SEC, Treasury Bill, Treasury

Other Related Pages: Category: Bonds Starting With: N

Additional Related Terms: Adjusted balance method, Average accounting return, Average collection period, Average daily balance, Average daily balance method, Accrual of discount, Amortization of premium, Asked price, Asking price, At par