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US Data: Bidders Participation in Treasury 2-Yr Auction

Data for: September 2018
Source: U.S. Treasury, Bureau of Public Debt                            
Tenders by type of bidder in millions of U.S. dollars                   
Percentage are based on total competitive
Hit Ratio=Amt Accepted/Amt Tendered  
------------------------------------------------------------------
                                 Pct of              Pct of
                                  Comp-               Comp-    Hit
                      Tendered  etitive   Accepted  etitive  Ratio
Primary Dealer 1     63349.000    70.65  17024.568    46.63  26.87
Direct Bidder 2       6469.000     7.21   4894.000    13.40  75.65
Indirect Bidder 3    19853.395    22.14  14590.649    39.96  73.49
Total Competitive    89671.395           36509.217           40.71
Noncomps               390.858             390.858              --
FIMA                   100.000             100.000              --
Total Public         90162.253           37000.076           41.04
------------------------------------------------------------------
                                 Pct of              Pct of
                                  Comp-               Comp-    Hit
                      Tendered  etitive   Accepted  etitive  Ratio
Primary Dealer 1     66522.000    74.41   9908.956    38.52  14.90
Direct Bidder 2       8020.000     8.97   3415.000    13.27  42.58
Indirect Bidder 3    14853.000    16.62  12403.000    48.21  83.51
Total Competitive    89395.000           25726.956           28.78
Noncomps               173.123             173.123              --
FIMA                   100.000             100.000              --
Total Public         89668.123           26000.079           29.00
     Notes:                                                                  
1. Primary dealers as submitters bidding for their own house accounts.  
2. Non-primary dealer submitters bidding for their own house accounts.  
3. Customers placing competitive bids through a direct submitter,       
including foreign and international monetary authorities placing bids   
through the New York Federal Reserve Bank.                              
--MNI Washington Bureau; +1 (973) 494-2611; email: harrison.clarke@marketnews.com
[TOPICS: MTABLE,MAUDA$,MNUAU$,M$U$$$,M$$FI$]

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