Sentences with phrase «noncompetitive bids»
If you want to buy a Treasury security at an auction, set up an account in TreasuryDirect (for noncompetitive bids only) or contact a financial institution, or a government securities broker or dealer.
https://www.savingsbonds.gov/
The state comptroller's office audited the district from 2012 through 2013 to review payments to board members, claims for expenses made by the district, and noncompetitive bids to outside contractors.
If you purchase directly from the government, you must place bids for the bonds you want — these are noncompetitive bids because you know and agree to the price you will be paying.
Noncompetitive bidding is typically used by smaller investors.
10 Year Treasuries can be purchased directly from the TreasuryDirect.com website via competitive or noncompetitive bidding with a minimum purchase of $ 100.
(Our system, TreasuryDirect allows only noncompetitive bidding.)
The alternative to noncompetitive bidding is competitive bidding, which is available with banks, brokers, and securities dealers.
In a U.S. Treasury auction, a noncompetitive bid is one in which an investor agrees to buy a specified number of securities at the discount rate or yield set at the auction.
In noncompetitive bidding, the investor agrees to accept whatever discount rate or yield is determined in an auction.
Investors who use TreasuryDirect or Legacy Treasury Direct engage in noncompetitive bidding; this means they agree to accept any discount rate or yield determined by the auction.
Not exact matches
You can buy a noncompetitive - bid Treasury bond through a broker, dealer, bank or via TreasuryDirect.gov.
The price that a noncompetitive bidder pays is the average bid price of all competitive bids.
«Downstate paid up to $ 1.3 million more than necessary by using a noncompetitive procurement to obtain IT health - care services rather than bidding the services,» the draft audit by DiNapoli's office concludes.
You can buy a noncompetitive - bid Treasury bond through a broker, dealer, bank or via TreasuryDirect.gov.