Explain how the Treasury uses the primary market to obtain adequate funding.\ \ The Treasury issues Treasury bills through a weekly auction. Investors can only use noncompetitive bids, in which they agree to pay whatever price is established at the auction.\ The Treasury issues Treasury bills through a weekly auction. Individual investors can submit competitively or noncompetitively bids for newly issued T-bills.\ Treasury places Treasury bills directly for particular investors at the auction.\ \ -Select-