bid-to-cover ratio

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Bid-to-cover ratio

The ratio of the number of bids received in a Treasury security auction compared to the number of accepted bids.

Bid-to-Cover Ratio

In the auction of U.S. Treasury securities, the ratio of the bids received in the auction to the number of bids actually accepted. The bid-to-cover ratio is an indicator (though not the only one) of relative demand for Treasury securities. A bid-to-cover ratio of over 2.0 indicates a successful auction with competitive bidding, while a lower ratio indicates the opposite.

bid-to-cover ratio

At an auction of Treasury securities, the dollar amount of money being bid compared with the dollar amount of securities being auctioned. A high ratio indicates strong demand and is likely to strengthen the market prices of other fixed-income securities.
References in periodicals archive ?
The Bulgarian then sent fake Facebook posts in bid to cover up the death.
The Kartell strategy is increasingly moving towards multi-brand channels in a bid to cover the international market in a more uniform way.
He further said that Taliban would be pursued for permanent ceasefire in a bid to cover all issues.
United Arab Emirates-based National health insurance company Daman has won a bid to cover the health insurance requirements of 20,000 employees of Arabtec Holding, a construction company.
07bn, and bid to cover spreads, which reveals the subscription rate - or appetite - for the offerings, was strong.
Not only were military personnel brought back from the front so they could act as extras, but the director was arrested and possibly executed on Propaganda Minister Joseph Goebbels' orders, while the ship standing in for the Titanic was sunk in the final days of the war in a desperate bid to cover up the horrors of the holocaust.
A BLACKBURN couple said to have swapped the identity of their dead baby daughter to her twin sister in a bid to cover injuries they inflicted have been jailed for five years.
He was inspired as he followed the footballer's bid to cover up the affair with an injunction.
HULL CITY want Jimmy Bullard to go out on a short-term loan - in a bid to cover some of his pounds 2.
The group of eight servicemen swapped the frontline for the starting line in a bid to cover 1,000 miles by next weekend to raise money for and awareness of charities which help Armed Forces personnel and their families.
Dawn Carville, 45, had enjoyed a successful career in education until she forged the City and Guilds certificates in a bid to cover up her financial woes.
The killer torched the home in a bid to cover his tracks - and left the door locked before fleeing the scene.