US Data: Bidders Participation in Tsy 3-M, 6-M Bill Auction

Data for: February 26, 2018

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

3-month bills          Tendered  etitive   Accepted  etitive  Ratio

Primary Dealer 1     116055.000    80.61  23489.300    46.97  20.24

Direct Bidder 2        2791.244     1.94   2550.784     5.10  91.39

Indirect Bidder 3     25124.683    17.45  23967.783    47.93  95.40

Total Competitive    143970.927           50007.867           34.73

Noncomps                679.407             679.407              --

FIMA                    313.000             313.000              --

Total Public         144963.334           51000.274           35.18

                                  Pct of              Pct of

                                   Comp-               Comp-    Hit

6-month bills          Tendered  etitive   Accepted  etitive  Ratio

Primary Dealer 1     108235.000    78.66  23181.310    52.55  21.42

Direct Bidder 2        1610.272     1.17   1428.442     3.24  88.71

Indirect Bidder 3     27750.979    20.17  19500.949    44.21  70.27

Total Competitive    137596.251           44110.701           32.06

Noncomps                589.356             589.356              --

FIMA                    300.000             300.000              --

Total Public         138485.607           45000.057           32.49

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; +1 202-371-2121; email: holly.stokes@marketnews.com

[TOPICS: MTABLE,MAUDA$,MNUAU$,M$U$$$,M$$FI$]