Primary market explain how the treasury uses the primary market to obtain adequate funding

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20-01-2018
Business

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Primary market explain how the treasury uses the primary market to obtain adequate funding

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W0lf93 W0lf93 · Answer 1 · 2018-02-02T01:46:31+01:00

W0lf93 W0lf93

02-02-2018

Each week, the Treasury holds an auction to issue T-Bills. When the auction opens, investors are able to place bids on the bills. The Treasury is then able to select the highest bids in order to obtain adequate funding.

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