During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 1,650 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 5, 2013 (12 p.m local time).
Settlement date is September 6, 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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September 3 2013
(amounts in mln euro)
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August 6, 2013
(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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1,650
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1,104
|
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3.-Coverage ratio
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1.89
|
1.77
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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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4.20%
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4.20%
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6.- Cut-off price
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97.923
|
97.922
|
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7.- Cut – off ratio
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91.67%
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93.67%
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