treasury auction
DESCRIPTION
How to understand Treasury AuctionsTRANSCRIPT
![Page 1: Treasury Auction](https://reader035.vdocuments.site/reader035/viewer/2022072009/55cf9152550346f57b8c932c/html5/thumbnails/1.jpg)
Example of US Treasury Bill Auction
Auction of $90 billion 180 day T-Bills to both Competitive and Noncompetitive Bidders
Lowest Yield 0.1731% 99.91345 10 150.1741% 99.91295 15 150.1751% 99.91245 20 150.1760% 99.91200 12 150.1770% 99.91150 10 150.1780% 99.91100 5 15
Highest Yield 0.1790% 99.91050 10 15
Discount Rate Bid
Bid Price per $100
Competitive Bids ($ billions)
Non-competitive bids ($ billions)
![Page 2: Treasury Auction](https://reader035.vdocuments.site/reader035/viewer/2022072009/55cf9152550346f57b8c932c/html5/thumbnails/2.jpg)
Auction of $90 billion 180 day T-Bills to both Competitive and Noncompetitive Bidders
25406072828797
Total cumulative bids ($ billions)