Bid Rate

(redirected from Bid Rates)

Bid Rate

The highest exchange rate at which a buyer is willing to buy a currency. See also: Bid.
References in periodicals archive ?
The Bureau of the Treasury on Wednesday rejected all tenders for reissued 20-year T-bonds as bid rates exceeded secondary market yields.
de Leon told reporters the auction committee decided to fully award all tenors in its T-bills auction as bid rates for the security were already at a plateau, which was seen to be prompted by the recent reports on the country's inflation and gross domestic product (GDP) rates last week.
The IFR would help address this situation by extending the blended rate of 50 percent of the amount based on the competitive bid rates and 50 percent of the traditional fee schedule between July 1 and December 31 in rural and non-contiguous areas (e.g.
In 2016, prior to the fully adjusted fee schedule rates going into effect, blended rates of 50 percent of the amount based on the competitive bid rates and 50 percent of the traditional fee schedule amounts were implemented for the transitional year period.
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 bank issues CDs by determining the best interest rate, on the basis of ascending order of interest rates (bid rates) beginning with the lowest yield and up to the point at which the entire CD amount has been
In a statement, the Treasury said there was 'strong market demand' for the IOUs with a remaining life of nine years and three months, such that bid rates fell below the 10-year benchmark.
THE Bureau of the Treasury (BTr) has awarded all tenors in its latest Treasury bill (T-bill) auction on Monday with a total of P15 billion, with the Treasury viewing bid rates to have stabilized in line with investors seeing inflation already tapering off.
Successful bidders will get the allotment at their respective bid rates. Bids at or below the repo rate will be rejected.
de Leon told reporters after the auction that while the bid rates continued to rise, yield movements had 'already moderated.'
The 91-day tenor during the previous auction in October 15 was rejected by the auction committee due to high bid rates, but if it had awarded the full P4 billion on offer, the annual average rate would have spiked to 5.067 percent.