Multiple Choice
Which of the following procedures for bidding for Australian Treasury bonds is NOT correct?
A) Bids must be submitted electronically by registered bidders.
B) The minimum bid must be for a face value of $1 million and multiples thereafter.
C) Bids are made in terms of prices up to three decimal places.
D) Bids are accepted in ascending order.
Correct Answer:
Verified
Correct Answer:
Verified
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