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

Data for: April 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     43980.000    70.91   8321.620    49.07  18.92
Direct Bidder 2       2500.000     4.03   2200.000    12.97  88.00
Indirect Bidder 3    15541.547    25.06   6437.669    37.96  41.42
Total Competitive    62021.547           16959.289           27.34
Noncomps                40.794              40.794              --
FIMA                     0.000               0.000              --
Total Public         62062.341           17000.083           27.39
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; +1 202-371-2121; email: holly.stokes@marketnews.com
[TOPICS: MTABLE,MAUDA$,MNUAU$,M$U$$$,M$$FI$]

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