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Assume the Treasury is going to auction $ 5 0 billion in 1 2 - week ( 7 2 day ) T - bills and
Assume the Treasury is going to auction $ billion in week day Tbills and the following bids come in for the auction. There are noncompetitive bids in the amount of $ billion. What is the price at which all Bills are sold? What is the stopout yield discount Which bidders get completely filled? Which Bidder bid at the stopout yield, and what percent does that bidder get filled?
Bidder ID
Bid Amount $ billions
Bid Price of face
A
B
C
D
E
F
G
H
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