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Tips: Noncompetitive Or Competitive?


LTAWACS

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Hello all. I'm looking to diversify my portfolio and I'm considering purchasing some TIPS. I have one question so far. Should I bid noncompetitive or competitive?

* Noncompetitive: You agree to accept whatever yield is determined at auction.

* Competitive: You specify the yield you will accept at auction.

Do any of you own TIPS? If so, how did you bid? Thanks. :)

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