Definition of Competitive bidding - Finance dictionary
Competitive bidding(See Chapter 26 of the Vernimmen)
Competitive bidding is a tender among banks. The issuer chooses the establishment that will Lead the Offering on the basis of the terms offered, with price being a key determinant. This technique is used for Bond issues.
Competitive bidding(See Chapter 26 of the Vernimmen)
Competitive bidding is a tender among banks. The issuer chooses the establishment that will Lead the Offering on the basis of the terms offered, with price being a key determinant. This technique is used for Bond issues.
Competitive bidding(See Chapter 26 of the Vernimmen)
Competitive bidding is a tender among banks. The issuer chooses the establishment that will Lead the Offering on the basis of the terms offered, with price being a key determinant. This technique is used for Bond issues.