Single-price auctions are a pricing method in securities auctions that give all participants to the issue the same purchase price.

U.S. Treasury Auctions

United States Treasury security auctions are conducted using the single-price auction method. In a single-price auction, all successful competitive bidders and all noncompetitive bidders are awarded securities at the price equivalent to the highest rate or yield of accepted competitive tenders.



These securities include:

Treasury bills

Treasury notes

Treasury bonds

Treasury Inflation-Protected Securities (TIPS)