# The Treasury Bills Regulations 1968, Regulation 1: Mode of Issue of Treasury bills


Treasury bills may be issued in the following ways:—
(a) by inviting tenders and issuing Treasury bills to persons whose tenders are accepted; or
(b) by issue at a fixed rate of discount, determined by the Treasury, to the National Debt Commissioners or to such other persons as may be willing to buy them.

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Source: https://www.legislation.gov.uk/uksi/1968/414/regulation/1 (the official version)
Page: https://openlegislation.uk/treasury-bills-regulations-1968/regulation-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.