During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 2,019 mln and the amount finally accepted was EUR 1,137.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until March 6, 2014 (12 p.m local time).
Settlement date is March 7, 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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March 4, 2014
(amounts in mln euro)
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February 4, 2014
(amounts in mln euro)
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1.-Amount Auctioned
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875
|
625
|
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2.-Total amount offered
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2,019
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1,441
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3.-Coverage ratio
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2.31
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2.31
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4.-Amount Accepted
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1,137.5
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812.5
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5.- Uniform yield
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3.60%
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4.00%
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6.- Cut-off price
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98.213
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98.017
|
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7.- Cut – off ratio
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35.10%
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40.50%
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