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Originally Posted by CJsoccerchic
Ok I'm confused. So I hvae to BID on a t-bill and wait to see if I won the auction,like ebay style? where's the website that I would make the bids on the bills?
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No, regular investors make what's called a noncompetitive bid. The U.S. Treasury guarantees you'll get a T-Bill at the going rate. Usually only professional traders bid competitively.