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WI level at auction time 3.550%
- High Yield 3.563%
- WI level at auction time 3.550%
- Tail of 1.3 basis points versus a six-month average of 0.9 basis points
- tender
tender
In the market, the bid is the price at which a buyer is willing to buy a particular security, such as a currency, stock, or bond. It is the highest price a buyer is willing to pay for a security. Bids are usually placed by market participants such as investors and traders, and are usually entered into an electronic order book or trading platform. When a market participant is looking to buy a security, they usually place an offer at a specific price. If there are many buyers looking to buy
In the market, the bid is the price at which a buyer is willing to buy a particular security, such as a currency, stock, or bond. It is the highest price a buyer is willing to pay for a security. Bids are usually placed by market participants such as investors and traders, and are usually entered into an electronic order book or trading platform. When a market participant is looking to buy a security, they usually place an offer at a specific price. If there are many buyers looking to buy
Read this term to cover
cover
When a trader says they will “cover,” this usually refers to the act of closing a short position in a security, stock, or forex position. Short selling is a trading strategy where a trader borrows a stock or security and sells it in the market with the expectation that the price will fall. If the price does indeed fall, the trader can buy back the shares at a lower price, return the borrowed shares to the lender, and convert the difference into a profit.
When a trader says they will “cover,” this usually refers to the act of closing a short position in a security, stock, or forex position. Short selling is a trading strategy where a trader borrows a stock or security and sells it in the market with the expectation that the price will fall. If the price does indeed fall, the trader can buy back the shares at a lower price, return the borrowed shares to the lender, and convert the difference into a profit.
Read this term 2.41X versus a six-month average of 2.46X
- Orientation of 21.08% vs. a six-month average of 19.1%
- Indirect 64.1% vs. a six-month average of more than 66.5%
- Dealers 14.8% vs. six-month average 14.4%
Auction grade: D+
Highlights: One of the highlights is that domestic demand was above the six-month average.
Other than that, the ingredients were worse than the six-month averages. The tail was higher. Cover width was less. International demand was below average.
Overall, it’s not the most desirable case. The results support that.