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Competitive bidders |
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Competitive bidders One of two categories of bidders on Treasury securities: competitive and noncompetitive. Competitive bidders are usually financial institutions. |
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? Mentioned in | ? References in periodicals archive | |
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Potential investors in TIPS may bid for them at auction in either a competitive or noncompetitive process: Competitive bidders submit an offer for a specified number of shares and a desired yield. Ivy Realty Won among a pool of more than 15 competitive bidders to purchase the 285,000 s/f, Class A campus. Most competitive bidders are large depository institutions, brokers, and dealers that are very familiar with the securities market. |
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