During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,894 mln and the amount finally accepted was EUR 812.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until August 7, 2014 (12 p.m local time).
Settlement date is August 8, 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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August 5, 2014
(amounts in mln euro)
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July 8, 2014
(amounts in mln euro)
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1.-Amount Auctioned
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625
|
1,250
|
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2.-Total amount offered
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1,894
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3,322
|
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3.-Coverage ratio
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3.03
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2.66
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4.-Amount Accepted
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812.5
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1,625
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5.- Uniform yield
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2.02%
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2.05%
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6.- Cut-off price
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98.990
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98.975
|
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7.- Cut – off ratio
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29%
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28%
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