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US Data: Bidders Participation in Treasury 2-YR FRN Auction

Data for: October 2017
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     39970.000    74.84   5873.080    39.18  14.69
Direct Bidder 2        850.000     1.59    100.000     0.67  11.76
Indirect Bidder 3    12589.666    23.57   9018.066    60.16  71.63
Total Competitive    53409.666           14991.146           28.07
Noncomps                 8.950               8.950              --
FIMA                     0.000               0.000              --
Total Public         53418.615           15000.095           28.08
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; +1 202-371-2121; email:

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