Noncompetitive bid

Noncompetitive bid
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 competitive bids.
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Noncompetitive Bidding - In a Treasury auction, a noncompetitive bid guarantees you'll get the full amount of the security you purchase at the rate or yield determined during the auction by competitive bidding.

Noncompetitive bid
Investors who can't or don't wish to meet the minimum purchase requirements for competitive bidding on Treasury bills or notes may enter a noncompetitive bid.

noncompetitive bid
method of buying Treasury bills without having to meet the high minimum purchase requirements of the regular dutch auction; also called noncompetitive tender.

T-Notes are purchased in two ways: by submitting a competitive bid, through a bank, broker, or dealer or by submitting a noncompetitive bid through a bank, broker, ...

When buying from the government you can either put in a competitive or noncompetitive bid. With a competitive bid you specify the yield you want; however, this does not mean your bid will be approved.

A system allowing an individual investor to make a noncompetitive bid on US Treasury securities and thus avoid broker-dealer fees.
Treasury notes
Debt obligations of the US Treasury that have maturities of more than 2 years but less than 10 years.

This direct investment system, offered through the Federal Reserve banks and their branches, lets you make noncompetitive bids for US Treasury bills, notes, and bonds.

Treasury direct
A system allowing an individual investor to make a noncompetitive bid on US Treasury securities and thus avoid broker-dealer fees.

They are issued with a maturity date of 4, 13, or 26 weeks. The 13- and 26-week bills are sold weekly by competitive auction to institutional investors, and to noncompetitive bidders through Treasury Direct for the same price paid by the competitive ...

A provision in a number of employment contracts that prohibits an employee from working for a competing firm for a specified number of years after the employee leaves the firm.
Noncompetitive bid ...

noncompetitive bid A strategy of purchasing treasury bills in which an investor agrees to buy a... noncurrent asset An asset that cannot be easily convertible to cash or not expected to become...

See also: Banks, Expense, Bills, Saving, Values