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During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 1.893 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 July 9, 2020 (12 p.m local time).

Settlement date is July 10, 2020.  The results of the auction are as follows:

 

 

AUCTION   RESULTS

 

 

A U C T I O N

Today

Previous

13W T – BILLS

July 8, 2020

 (amounts in mln euro)

May 6, 2020

 (amounts in mln euro)

1.Amount Auctioned

625

625

2.Total amount offered

1,893

1,152

3.Coverage ratio

3.03

1.84

4.Amount Accepted

812.5

812.5

5. Uniform yield

0.01%

0.28%

6. Cut-off  price

99.997

99.930

7. Cut – off ratio

42%

96%