Distinguish between competitive bidding and non-competitive bidding for treasury securities.

-

Distinguish between competitive bidding and non-competitive bidding for treasury securities.



Answer: In competitive bidding for securities, buyers submit bids. A noncompetitive bidder accepts the average of the rate paid by the competitive bidders.

Comments

Post a Comment

Popular posts from this blog

Agile Method Advantages and Disadvantages

-
Agile Method Advantages and Disadvantages Agile, or adaptive, methods are very flexible and efficient in dealing with change. They are popular because they stress team interaction and reflect a set of community-based values. Also, frequent deliverables constantly validate the project and reduce risk. However, some potential problems exist. For example, team members need a high level of technical and interpersonal skills. Also, a lack of structure and documentation can introduce risk factors. Finally, the overall project may be subject to significant change in scope as user requirements continue to evolve during the project.
Read more