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During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,320 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 December 5, 2019 (12 p.m local time).

Settlement date is December 6, 2019. The results of the auction are as follows:

 

 

AUCTION   RESULTS

 

A U C T I O N

Today

Previous

26W T – BILLS

December 4, 2019

 (amounts in mln euro)

October 30, 2019

 (amounts in mln euro)

1.Amount Auctioned

625

625

2.Total amount offered

1,320

1,802

3.Coverage ratio

2.11

2.88

4.Amount Accepted

812.5

812.5

5. Uniform yield

-0.02%

0.00%

6. Cut-off  price

100.011

100.000

7. Cut – off ratio

30%

63%