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Competitive bid

• (1) Bid tendered in a Treasury action for a specific amount of securities at a specific yield or price. (2) Issuers, municipal and public utilities, often sell new issues by asking for competitive bids from one or more syndicates.

 
 Embedded terms in definition
 Bid
New issue
Securities
Sell
Utilities
Yield
 
 Related Terms
 Bid
Bid asked spread
Bid form
Bid price
Competitive bidding
Competitive offering
Dutch auction bid
Fixed price tender bid
Noncompetitive bid
Penalty bid
Perfectly competitive financial markets

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