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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     130710.000    90.55  45457.410    78.01   34.78
Direct Bidder 2        2025.000     1.40   1207.180     2.07   59.61
Indirect Bidder 3     11608.537     8.04  11608.537    19.92  100.00
Total Competitive    144343.537           58273.127            40.37
Noncomps               1336.881            1336.881               --
FIMA                    390.000             390.000               --
Total Public         146070.418           60000.008            41.08
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:

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