Level I Note Book2

huahun215

这本书的第18页，举了个例子讲single price auction的，那个最后一句话："Since there are bids for 8 million in bills at the discount of 0.1117%, and only 2 million unsold at a yield of 0.1114%, each bidder receives 2/8 of the face amount of bills they bid for."

这句话什么意思啊？想了下没想懂。有谁能提点下么？

Thank you!