During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 1,925 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 December 13, 2012 (12 p.m local time).
Settlement date is December 14, 2012. 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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26W T – BILLS
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December 11, 2012
(amounts in mln euro)
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November 6, 2012
(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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1,925
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1,700
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3.-Coverage ratio
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1.54
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1.70
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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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4.38%
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4.41%
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6.- Cut-off price
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97.834
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97.821
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7.- Cut – off ratio
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100.00%
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100.00%
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