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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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Conclusion

30 Dec 2008 RDP 2008-09
Richard Finlay and Mark Chambers
mandate-constrained investors bid up the price of these bonds.
https://www.rba.gov.au/publications/rdp/2008/2008-09/conclusion.html

Results

30 Dec 2008 RDP 2008-09
Richard Finlay and Mark Chambers
Alternatively, Australia's relatively small supply of government bonds may have resulted in yields being bid down by risk-averse and mandate-constrained investors.
https://www.rba.gov.au/publications/rdp/2008/2008-09/results.html