競標
競標
| 中文名詞 | 競標 |
|---|---|
| 英文名詞 | Competitive Bid |
| 中文解釋 | 競標指投標者載明所欲標購之債券數量及價格，並依投標之價格或利率，以高於財政部所訂底標價格或低於底標利率較多者為優先，依次得標。競標方式下，在最低得標價格，若發生餘額不足分配時，按各投標者之投標金額比例分配。[4] |
| 英文解釋 | Bidders must quote bidding amounts and bidding prices when purchasing securities in competitive bids. The bids are accepted in order, starting from those with the highest bidding price (the lowest bidding yield). To be accepted, the bidding price (yield) must be higher (lower) than the minimum acceptable price (the maximum acceptable yield) set by the MOF. At the lowest accepted bidding price, if the remaining offering amount is insufficient to accommodate among bidders, bidders will be awarded according to the percentage of their own bidding amounts at that price. [4] |