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-    Hit

4-week bills           Tendered  etitive   Accepted  etitive  Ratio

Primary Dealer 1      99675.000    82.09  22871.000    59.21  22.95

Direct Bidder 2        5600.000     4.61   4150.000    10.74  74.11

Indirect Bidder 3     16152.134    13.30  11606.193    30.05  71.86

Total Competitive    121427.134           38627.193           31.81

Noncomps               1272.819            1272.819              --

FIMA                    100.000             100.000              --

Total Public         122799.953           40000.012           32.57

     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$]