The Treasury accepts noncompetitive bids in ascending order of yield until the accepted bids reach the offering amount.

Name: The Treasury accepts noncompetitive bids in ascending order of yield until the accepted bids reach the offering amount.
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The Treasury accepts noncompetitive bids first, which are guaranteed to be filled as long as they are at or below the offering amount. Competitive bids are then accepted in ascending order of yield until the offering amount is reached.

The Treasury Accepts Noncompetitive Bids in Ascending Order of Yield