During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 2,186 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 September 4, 2014 (12 p.m local time).
Settlement date is September 5, 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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September 2, 2014
(amounts in mln euro)
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August 5, 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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2,186
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1,894
|
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3.-Coverage ratio
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2.50
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3.03
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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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2.00%
|
2.02%
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6.- Cut-off price
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99.000
|
98.990
|
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7.- Cut – off ratio
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25.2%
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29%
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