During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,287 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 September 28, 2023 (12 p.m local time).
Settlement date is September 29, 2023. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
September 27, 2023 (amounts in mln euro) |
August 23, 2023 (amounts in mln euro) |
|
1.Amount Auctioned |
625 |
625 |
|
2.Total amount offered |
1,287 |
1,190 |
|
3.Coverage ratio |
2.06 |
1.90 |
|
4.Amount Accepted |
812.5 |
812.5 |
|
5. Uniform yield |
3.90% |
3.83% |
|
6. Cut-off price |
98.066 |
98.100 |
|
7. Cut – off ratio |
16% |
40% |
