Single bid auction of TIPS securities means that all bidders
A. pays indexed prices
B. pays same price
C. pays different price
D. pays inflated prices
Answer: Option B
Solution(By Examveda Team)
Single bid auction of TIPS securities means that all bidders pays same price. In the single-price format - all bids accepted by the Treasury are awarded at the same interest rate which is the highest yield of accepted competitive bids.This Question Belongs to Management >> International Finance And Treasury
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