maximum bid limit

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European Central Bank DictionaryDownload this dictionary
maximum bid limit
The limit on the largest acceptable bid from an individual counterparty in a tender operation. The Eurosystem may impose maximum bid limits in order to avoid disproportionately large bids from individual counterparties.
See also:
 tender procedure    

Copyright © 2006, European Central Bank, Frankfurt am Main, Germany. This information may be obtained free of charge through the ECB's website.

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