During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 2,592 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 January 9, 2014 (12 p.m local time).
Settlement date is January 10, 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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January 7, 2014
(amounts in mln euro)
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December 10, 2013
(amounts in mln euro)
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1.-Amount Auctioned
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1,250
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1,250
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2.-Total amount offered
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2,592
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2,643
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3.-Coverage ratio
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2.07
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2.11
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4.-Amount Accepted
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1,625
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1,625
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5.- Uniform yield
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4.10%
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4.15%
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6.- Cut-off price
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97.970
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97.946
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7.- Cut – off ratio
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79.66%
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83.71%
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