Search: bid
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.
Search Results
Reserve Bank of Australia Domestic Market Dealing Arrangements: Information Paper - 9 May 1996
11 Aug 2004
Media Release
PDF
81KB
2. The Bank may accept bids or offers in part as well as in whole, and may make a counter bid or offer before deciding whether or not to accept it. ... When making bids or offers for RPs, the term of the RP must also be stated in days.
https://www.rba.gov.au/media-releases/1996/pdf/mr-96-06-info-paper.pdf
A Proposal for Implementing Real Time Gross Settlement in Australia (Media Release 1995-05 attachment 2)
13 Aug 2004
Media Release
PDF
178KB
Counterparties would be asked to submit bids/offers by 10.00 am, and the Reserve Bank would then process these in the form of mini auctions (as now).
https://www.rba.gov.au/media-releases/1995/pdf/mr-95-05-attach-2.pdf