Non-competitive bidders in the U. S. Treasury security auctions pay the weighted averageprice of all accepted competitive bids.

Name: Non-competitive bidders in the U. S. Treasury security auctions pay the weighted averageprice of all accepted competitive bids.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Non-competitive bidders are guaranteed to receive the auctioned security, but they pay the weighted average price of all accepted competitive bids, ensuring they get a fair market price without needing to specify a bid price.

Non-Competitive Bidders in the U