maximum bid limit

What is maximum bid limit?

maximum bid limit definition and meaning on Finance terms:
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<

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

Tags: