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In a Treasury auction of $2.1 billion per value 91 dayT-Bill the following bids were admitted: Bid Amount

In a Treasury auction of $2.1 billion per value 91 dayT-Bill the following bids were admitted:

Bid Amount                          Price per $100

1) $500 Million                       $99.40

2) $750 Million                      $99.01

3) $1.5 billion                        $99.25

4) $1 billion                           $99.36

5) $600 million                      $99.39

If only these competitive bids are received, what Bidders will receive T-Bills, in what quantity, and at what price.

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