bid-to-cover ratio

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Bid-to-cover ratio

The ratio of the number of bids received in a Treasury security auction compared to the number of accepted bids.

Bid-to-Cover Ratio

In the auction of U.S. Treasury securities, the ratio of the bids received in the auction to the number of bids actually accepted. The bid-to-cover ratio is an indicator (though not the only one) of relative demand for Treasury securities. A bid-to-cover ratio of over 2.0 indicates a successful auction with competitive bidding, while a lower ratio indicates the opposite.

bid-to-cover ratio

At an auction of Treasury securities, the dollar amount of money being bid compared with the dollar amount of securities being auctioned. A high ratio indicates strong demand and is likely to strengthen the market prices of other fixed-income securities.
References in periodicals archive ?
The Kartell strategy is increasingly moving towards multi-brand channels in a bid to cover the international market in a more uniform way.
A PAYMENT of PS35,000 by England's 2018 World Cup bid to cover a gala dinner for Caribbean officials is being investigated as part of FIFA's ethics investigator Michael Garcia's probe, it can be disclosed.
Contrary to belief, the 'crocodile' finish on Easter eggs are not for decoration, a German chocolatier used a bit of artistic licence in a bid to cover minor imperfections in the chocolate.
He further said that Taliban would be pursued for permanent ceasefire in a bid to cover all issues.
But the gambling addict, dubbed a 'confidence trickster' ' by the judge, stole more money in a bid to cover his losses.
United Arab Emirates-based National health insurance company Daman has won a bid to cover the health insurance requirements of 20,000 employees of Arabtec Holding, a construction company.
They claim in July 2010 Ege torched his body in a bid to cover it up as an accidental house fire.
BIRMINGHAM City Council wrongly accused an elderly man of ripping off his aunt in a bid to cover up a financial mix-up, the council's watchdog has ruled.
The buses will be inside cities and towns in a bid to cover all Lebanese areas.
07bn, and bid to cover spreads, which reveals the subscription rate - or appetite - for the offerings, was strong.
Not only were military personnel brought back from the front so they could act as extras, but the director was arrested and possibly executed on Propaganda Minister Joseph Goebbels' orders, while the ship standing in for the Titanic was sunk in the final days of the war in a desperate bid to cover up the horrors of the holocaust.