Treasury bill auction

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Treasury Bill Auction

A weekly Dutch auction held for the sale of 13-week and 26-week U.S. Treasury bills, or a monthly auction for 52-week bills. In a Treasury bill auction, the bills are offered at a relatively high price, which is gradually lowered until a potential buyer indicates it wishes to buy at that price. The interest rates on these Treasury bills are used as benchmarks for short-term interest rates. It should be noted that the Treasury also sets aside securities for those who do not enter a , but have indicated they are willing to pay whatever the winning bid happens to be.

Treasury bill auction

The weekly Monday auction for 13-week and 26-week Treasury bills and the monthly auction for 52-week Treasury bills. The auctions are conducted on a competitive-bid basis by the Federal Reserve. Securities are also set aside for investors who do not wish to enter a specific bid but who will purchase the securities at the average price paid by competitive bidders. See also Form PD 4632.
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For each of the scheduled treasury bill auctions, the offer will be composed of P8 billion in benchmark 91-day debt paper, P6 billion in 182-day IOUs, and P6 billion in 364-day T-bills.
Interest rates have begun to rise, with reduced direct intervention by the central bank in the Treasury Bill auctions.
The treasury bill auctions are scheduled on October 7, November 4 and December 9, while the auctions for treasury bonds are October 22 for the three-year bonds, and two separate five-year bonds on November 20 and December 17.
Pimco officials expressed interest in Greek Treasury bill auctions and bonds, a finance ministry official said.
In addition to a drop in deposits in recent months, and the load participation in monthly treasury bill auctions by the Greek state, Greek officials took into account the pressure from the Swiss central bank's intervention this week.
Qatar's central bank will continue draining the same amount from the money market through monthly Treasury bill auctions despite a recent drop in demand for them, its governor said yesterday, reports Reuters.
The apex bank said that it would continue to drain the same amount from the money market through monthly Treasury bill auctions despite a recent drop in demand for them.
He added: "The resumption of Treasury Bill auctions follows an intensive engagement with investors both domestically and overseas during the past 18 months and marks an important first step in our phased re-entry to the capital markets.
The results were good because we are seeing increased bidding on the Lebanese treasury bill auctions.
Yields in treasury bill auctions touched multi-year highs in recent days.
Treasury bill auctions indicate the central bank's stance on the lending rate to commercial banks.
Egypt's central bank will resume its Treasury bill auctions on Monday after a one-week interruption caused by the country's political unrest, said central bank's deputy governor Hisham Ramez.