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Anonymous
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!
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Tan Choong Hwee
Edited 07 Nov 2022
Investor/Trader at Home
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1) You will get full allotment at 4% yield.
2) You don't get any allotment.