During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 2,605 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 August 14, 2014 (12 p.m local time)
Settlement date is August 18, 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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August 12, 2014
(amounts in mln euro)
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July 15, 2014
(amounts in mln euro)
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1.- Amount Auctioned
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1,000
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1,250
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2.- Total amount offered
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2,605
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2,940
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3.- Coverage ratio
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2.61
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2.35
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4.- Amount Accepted
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1,300
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1,625
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5.- Uniform yield
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1.75%
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1.75%
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6.- Cut-off price
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99.575
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99.560
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7.- Cut – off ratio
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26%
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71.33%
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