During the auction of EUR 1,000 mln of 26W T-Bills conducted today, the total bids reached EUR 2,653 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 May 8, 2014 (12 p.m local time).
Settlement date is May 9, 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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May 6, 2014
(amounts in mln euro)
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April 8, 2014
(amounts in mln euro)
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1.-Amount Auctioned
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1,000
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1,000
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2.-Total amount offered
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2,653
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3,103
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3.-Coverage ratio
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2.65
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3.10
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4.-Amount Accepted
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1,300
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1,300
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5.- Uniform yield
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2.70%
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3.01%
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6.- Cut-off price
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98.654
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98.500
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7.- Cut – off ratio
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13.36%
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2.10%
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