The limit of getting treasury bills auctioned in a treasury auction is that no bidder can get more than ___________?
Correct answer: A. 0.35
- A. 0.35
- B. 0.3
- C. 0.25
- D. 0.2
Explanation
In a Treasury auction, a single bidder is generally restricted from receiving more than 35% of the amount offered. This prevents one participant from dominating the auction.
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