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Anonymous

Edited 07 Nov 2022

General Investing

What if I under / over-bid my T-Bills for competitive bid

Hi everyone, for this coming T-bill's auction, what would happen in the following scenarios where competitive bid is selected:

1) What if the yield is 4% but I indicated 3.8% yield, will I be allocated 3.8% yield or 4%?

2) What if the yield is 4% but I indicated 4.2% yield, will I be allocated 4.2% yield or 4%?

Thanks in advance all!

Discussion (4)

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Tan Choong Hwee

Edited 07 Nov 2022

Investor/Trader at Home

1) You will get full allotment at 4% yield.

2) You don't get any allotment.

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