# Bid-to-cover ratio (also referred to in German)

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- Post ID: 594816
- Modified: 2023-07-25T20:59:20+00:00
- Language: en

## Definition

In open market operations with the central bank, the ratio between banks' bid volume and the allotment amount. - See American allotment procedure, tender, restricted, allotment rate, allotment procedure. - Cf. Monthly Report of the Deutsche Bundesbank, July 2004, pp. 58 ff. (explanatory notes). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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