During the auction of EUR 1,250 mln of 13W T-Bills conducted today, the total bids reached EUR 3,416 mln and the amount finally accepted was EUR 1,625 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until April 17, 2014 (12 p.m local time)
Settlement date is April 22, 2014. The results of the auction are as follows:
AUCTION RESULTS
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A U C T I O N
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Today
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Previous
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13W T – BILLS
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April 15, 2014 (amounts in mln euro)
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March 18, 2014 (amounts in mln euro)
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1.- Amount Auctioned
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1,250
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1,000
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2.- Total amount offered
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3,416
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2,379
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3.- Coverage ratio
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2.73
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2.38
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4.- Amount Accepted
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1,625
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1,300
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5.- Uniform yield
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2,45%
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3.10%
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6.- Cut-off price
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99.412
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99.223
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7.- Cut – off ratio
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16.76%
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26.17%
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