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During the auction of EUR 625 mln of 52W T-Bills conducted today, the total bids reached EUR 929 mln and the amount finally accepted was EUR 812.5 mln.

On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until June 14, 2018 (12 p.m local time).

Settlement date is June 15, 2018.  The results of the auction are as follows:

 

 

AUCTION   RESULTS

 

 

A U C T I O N

Today

Previous

52W T – BILLS

June 13, 2018

 (amounts in mln euro)

March 14, 2018

 (amounts in mln euro)

1.Amount Auctioned

625

625

2.Total amount offered

929

1,986

3.Coverage ratio

1.49

3.18

4.Amount Accepted

812.5

812.5

5. Uniform yield

1.09%

1.25%

6. Cut-off  price

98.91

98.752

7. Cut – off ratio

60%

52%