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During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 1,536 mln and the amount finally accepted was EUR 1,137.5 mln.

On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until August 29, 2019 (12 p.m local time).

Settlement date is August 30, 2019. The results of the auction are as follows:

 

 

AUCTION   RESULTS

 

A U C T I O N

Today

Previous

26W T – BILLS

        August 28, 2019

 (amounts in mln euro)

        July 31, 2019

 (amounts in mln euro)

1.Amount Auctioned

875

625

2.Total amount offered

1,536

1,567

3.Coverage ratio

1.76

2.51

4.Amount Accepted

1,137.5

812.5

5. Uniform yield

0.15%

0.15%

6. Cut-off  price

99.924

99.924

7. Cut – off ratio

85%

75%