In a Treasury auction, preferential bidding status is granted to:

Multiple Choice

• competitive bidders.

• non-competitive bidders.

• short-sale committed bidders.

• commercial bank bidders.

• no group of bidders.

The entity that represents the interests of the bondholders to the issuing firm is the:

Multiple Choice

• bonding agent.

• bond intermediary.

• bond trustee.

• bond fiduciary.

• bond comptroller.