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Competitive bidders |
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Competitive biddersOne of two categories of bidders on Treasury securities: competitive and noncompetitive. Competitive bidders are usually financial institutions.Competitive bidders Similar MatchesGlobal competitivenessGlobal competitivenessCompetitiveness, applied internationally. CompetitivenessCompetitivenessUsually refers to characteristics that permit a firm to compete effectively with other firms due to low cost or superior technology, perhaps internationally. When applied to nations, instead of firms, the word has a mercantilist connotation. CompetitiveCompetitiveUsed alone, this usually means perfectly competitive. Contrasts with imperfectly competitive. Competitive offeringCompetitive offeringAn offering of securities through competitive bidding. Perfectly competitive financial marketsPerfectly competitive financial marketsMarkets in which no trader has the power to change the price of goods or services. Perfect capital markets are characterized by certain conditions: (1) Trading is costless, and access to the financial markets is free; (2)information about borrowing and lending opportunities is freely available; and (3) there are many traders, and no single trader can have a significant impact on market prices. Further SuggestionsRegistered competitive market makerPerfectly competitive Competitive advantage Competitive bidding Noncompetitive tender Registered Competitive Market Maker Noncompetitive bid Imperfectly competitive |
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