During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 1,730 mln and the amount finally accepted was EUR 1,300 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until December 20, 2012 (12 p.m local time)
Settlement date is December 21, 2012. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N
|
Today
|
Previous
|
|
13W T – BILLS
|
December 18, 2012 (amounts in mln euro)
|
November 13, 2012 (amounts in mln euro)
|
|
1.- Amount Auctioned
|
1,000
|
1,000
|
|
2.- Total amount offered
|
1,730
|
1,660
|
|
3.- Coverage ratio
|
1.73
|
1.66
|
|
4.- Amount Accepted
|
1,300
|
1,300
|
|
5.- Uniform yield
|
4.11%
|
4.20%
|
|
6.- Cut-off price
|
98.972
|
98.949
|
|
7.- Cut – off ratio
|
100%
|
100%
|