During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 2,125 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 July 11, 2013 (12 p.m local time).
Settlement date is July 12, 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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26W T – BILLS
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July 9, 2013
(amounts in mln euro)
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June 11, 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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2,125
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2,125
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3.-Coverage ratio
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1.70
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1.70
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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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4.20%
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4.20%
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6.- Cut-off price
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97.920
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97.921
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7.- Cut – off ratio
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100.00%
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100.00%
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