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RBA Glossary definition for bid

bid – The price offered to purchase securities in the primary market. In relation to a tender, a bid also includes the volume willing to be bought at the price offered.

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Lessons and Questions from the GFC

6 Dec 2018 Speech PDF 302KB
Bid-ask spreads used to widen a lot in the past too. ... The ultimate widening in bid-askspread back then was not to answer the phone.
https://www.rba.gov.au/speeches/2018/pdf/sp-dg-2018-12-06.pdf

30/06/2020 The Reserve Bank's Policy Actions and Balance Sheet ...

30 Jun 2020 Speech PDF 349KB
It was also evident in a widening in bid/ask spreads (Graph 5), that is,the difference between the prices at which a dealer is willing to buy and sell a
https://www.rba.gov.au/speeches/2020/pdf/sp-dg-2020-06-30.pdf

Monetary Policy During COVID

6 May 2021 Speech PDF 638KB
There were wide bid/offer spreads,and bond dealer inventories were large and constrained by capital and risk considerations. ... Bid/offer spreads in the market widened, though much less than they didin March/April 2020.
https://www.rba.gov.au/speeches/2021/pdf/sp-dg-2021-05-06.pdf