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

Data for: March 18, 2019

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     101357.000    78.88  21510.170    46.00  21.22

Direct Bidder 2        2430.000     1.89   1559.560     3.33  64.18

Indirect Bidder 3     24701.828    19.22  23695.384    50.67  95.93

Total Competitive    128488.828           46765.114           36.40

Noncomps               1034.985            1034.985              --

FIMA                    200.000             200.000              --

Total Public         129723.813           48000.099           37.00

                                  Pct of              Pct of

                                   Comp-               Comp-    Hit

6-month bills          Tendered  etitive   Accepted  etitive  Ratio

Primary Dealer 1      90730.000    82.29  22764.670    60.28  25.09

Direct Bidder 2        1965.000     1.78   1065.000     2.82  54.20

Indirect Bidder 3     17564.684    15.93  13934.217    36.90  79.33

Total Competitive    110259.684           37763.887           34.25

Noncomps                855.502             855.502              --

FIMA                    381.300             381.300              --

Total Public         111496.486           39000.688           34.98

     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$]