US Data: Bidders Participation in Treasury 4-week Bill Auction

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-

4-week bills           Tendered  etitive   Accepted  etitive

Primary Dealer 1     107762.000    85.70  22109.420    56.98

Direct Bidder 2        3000.000     2.39   2150.000     5.54

Indirect Bidder 3     14983.865    11.92  14541.455    37.48

Total Competitive    125745.865           38800.875

Noncomps               1174.154            1174.154

FIMA                     25.000              25.000

Total Public         126945.018           40000.028

     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$]