Treasury bill auction

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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KARACHI -- The government was unable to raise the desired amount from the market in its Treasury bill auction held on Wednesday as the banks invested mostly in the three-month instruments indicating further uncertainty over future trend of interest rates.
Experts said the latest treasury bill auction indicated that commercial banks were anticipating a further increase in the key interest rate in the near future.
The government raised Sh11.75 billion, less than half of the Sh24 billion target from last week's Treasury bill auction, the Central Bank of Kenya said in an update.
He also said that the temporary tightness in the market was due to the Bureau of the Treasury absorbing P235 billion worth of treasury bonds, plus the weekly treasury bill auction.
The currency strengthened on Tuesday as some banks trimmed their dollar positions in anticipation of strong appetite from foreign investors for this week's Treasury bill auction, traders said.
Yields in Qatar's Treasury bill auction fell on Tuesday to their lowest level since at least October 2012 as demand increased to its highest in as many months, central bank data showed.
Summary: Greece has raised Au1.3 billion ($1.69 billion) in a treasury bill auction held after the country's bailout lenders approved the payment of a new batch of rescue loans.
Still, in signs of growing investor caution, Ljubljana raised far less funding than planned and at higher costs at a treasury bill auction held after the OECD report and investors pushed the cost of insuring Slovenia's debt higher.
The pound was down against the euro at 1.23 after Greece raised 1.3 billion euros (PS1 million) in a three-month treasury bill auction with demand to spare.
Portugal: Government reassures creditors but angers population: Portugal, which is under a bailout programme, conducted, on 19 September, a 'successful' treasury bill auction - a sign of investor confidence.
Dealers said they were awaiting the result of a treasury bill auction, due to be released on Wednesday.
Meanwhile, the Central Bank of Egypt (CBE) reduced the size of its treasury bill auction yesterday, as yields surged to their highest level since the 2008 global economic crisis, according to Reuters.