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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$]

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