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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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.
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.
The central bank has been holding treasury bill auctions bi-weekly since last year, offering 200 billion Iraqi dinars ($170 million) in each round.
6 million euros) through Treasury bill auctions and private placements in August to finance its budget gap, reports Bloomberg.
In light of the failure of the syndicate auction scheme seven years earlier, the Treasury was careful to remind participants that it was not doing anything novel: "the use of the auction method of sale represents an adaptation of the technique used successfully for many years in marketing Treasury bills" and "bidding and other procedures [will] very closely follow the standard procedures used in regular Treasury bill auctions.
To ease its debt burden, the government is to allow two big state banks, Ziraat and Halk, which are now being rehabilitated after they helped trigger a devastating devaluation in February, to participate in treasury bill auctions.