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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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Empirical Implications and Results

1 Oct 1987 RDP 8707
Malcolm L Edey
RDP 8707: Asymmetric Information and Bid-Ask Spreads in the Eurocurrency Markets 5. ... Table 2: Bid-ask spreads in the Exchange Rate Equations. Currency. Maturity (months).
https://www.rba.gov.au/publications/rdp/1987/8707/empirical-implications-and-results.html