Bid Rate

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Bid Rate

The highest exchange rate at which a buyer is willing to buy a currency. See also: Bid.
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She added that high bid rates offered to government securities may be expected in the coming auctions since the market is taking into account the possible rate hikes expected
In a statement, the Treasury said the bid rates reached 6.
So far, the NBU published information on the auction currency, the minimum and maximum bid rates, submitted by banks for participation in the auction, the total volume of bids for the sale or purchase of foreign currency, the hryvnia to foreign currency exchange rate based on the auction results (average weighted, maximum, minimum) and total volume of satisfied bids for foreign currency sale or purchase.
The Czech Banking Association has agreed with the Czech Forex Club to stop calculating Prague interbank bid rates (PRIBID) from July, according to Reuters.
The secondary market indicative bid rates were as follows: 3M - 11.
By 2016, all areas of the country will benefit from either the competitive bidding program or lower rates based on the competitively bid rates.
The high bid rates for the set of T-bills on auction reportedly stemmed from expectations of a Fed rate hike this year.
Originally announced at P30 billion, the committee increased the amount on offer to P65 billion as bid rates aligned with secondary market levels and propped up by considerable demand, which was more than four times the original offer amount,' National Treasurer Roberto B.
The BLM, which oversees 2 million acres of forestland in western Oregon, will use the information to appraise the value of timber and set minimum bid rates for monthly timber sale auctions.
At the maiden sale of seven-year T-bonds, none of the offers from the various government securities eligible dealers (GSEDs) pushed past the auction committee who opted to pass up on some P29 billion worth of offers as bid rates were as high as 5.
The Treasury also made partial awards of the T-bills auctioned off in October and November mainly on higher bid rates resulting from uncertainty in the market pending the US Fed decision.