You can learn more about
the treasury auction process here.
Not exact matches
By imitating its well - established bill
auction process, the
Treasury gave dealers a familiar starting point for developing the risk management and sales programs necessary to support
auction bidding for notes and bonds.
The
Treasury was willing to alter the
auction process when shortcomings appeared — rather than jettison the entire effort, as it did in 1935 and 1963.
Here, you can create an account and read all about the
auction and purchasing
process from the US
Treasury.
These securities can be purchased either directly from the U.S.
Treasury or through a bank, broker or dealer through the
auction process based on their yield.