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

Data for: January 2019

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     46380.000    80.24  10402.240    52.09  22.43

Direct Bidder 2        750.000     1.30     50.000     0.25   6.67

Indirect Bidder 3    10669.200    18.46   9518.440    47.66  89.21

Total Competitive    57799.200           19970.680           34.55

Noncomps                24.502              24.502              --

FIMA                     5.000               5.000              --

Total Public         57828.702           20000.182           34.59

     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$]