During the auction of EUR 1,000 mln of 26W T-Bills conducted today, the total bids reached EUR 3,103 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 April 10, 2014 (12 p.m local time).
Settlement date is April 11, 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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26W T – BILLS
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April 8, 2014
(amounts in mln euro)
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March 4, 2014
(amounts in mln euro)
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1.-Amount Auctioned
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1,000
|
875
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2.-Total amount offered
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3,103
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2,019
|
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3.-Coverage ratio
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3.10
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2.31
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4.-Amount Accepted
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1,300
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1,137.5
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5.- Uniform yield
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3.01%
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3.60%
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6.- Cut-off price
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98.500
|
98.213
|
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7.- Cut – off ratio
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2.10%
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35.10%
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