US Data: Bidders Participation in Treasury 8-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

8-week bills           Tendered  etitive   Accepted  etitive  Ratio

Primary Dealer 1      87510.000    81.20  18282.660    52.69  20.89

Direct Bidder 2        1800.000     1.67    888.530     2.56  49.36

Indirect Bidder 3     18460.000    17.13  15527.638    44.75  84.12

Total Competitive    107770.000           34698.828           32.20

Noncomps                201.379             201.379              --

FIMA                    100.000             100.000              --

Total Public         108071.379           35000.207           32.39

     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$]