During the auction of EUR 1,250 mln of 13W T-Bills conducted today, the total bids reached EUR 2,360 mln and the amount finally accepted was EUR 1,625mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until October 17, 2013 (12 p.m local time)
Settlement date is October 18, 2013. 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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October 15, 2013 (amounts in mln euro)
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September 17, 2013 (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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2,360
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1,939
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3.- Coverage ratio
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1.89
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1.94
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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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3.95%
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4.02%
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6.- Cut-off price
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99.011
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98.995
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7.- Cut – off ratio
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90.00%
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76.29%
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