What is the highest quantity allocation (in dollars) that a non-competitive bidder can get when bidding...

What is the highest quantity allocation (in dollars) that a non-competitive bidder can get when bidding for Treasury bills? (NOT BOND & NOTE)

Solutions

Expert Solution

Non competitive bids are limited to $5 Millions maximum for treasury bills.

Hence, when there is a non competitive bid, the highest quantity allocation is $5 MILLIONS.

jeff jeffy answered 2 years ago

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