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Which of the Following Is NOT a Feature of the Tendering

Question 52

Multiple Choice

Which of the following is NOT a feature of the tendering of Treasury notes (T-notes) in Australia?


A) T-notes are issued by tender.
B) The registered bidders of the AFOM submit their bids electronically.
C) Successful bidders settle their purchases through Austraclear.
D) Each bid must be for a minimum parcel of $100 000.

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