During the auction of EUR 750 mln of 4W T-Bills conducted today, the total bids reached EUR 983.2 mln and the amount finally accepted was EUR 975 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until January 10, 2013 (12 p.m local time)
Settlement date is January 11, 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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4W T – BILLS
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January 8, 2013 (amounts in mln euro)
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December 11, 2012 (amounts in mln euro)
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1.- Amount Auctioned
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750
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2,125
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2.- Total amount offered
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983.2
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2,763
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3.- Coverage ratio
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1.31
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1.30
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4.- Amount Accepted
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975
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2,762.5
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5.- Uniform yield
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3.95%
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3.99%
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6.- Cut-off price
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99.694
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99.691
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7.- Cut – off ratio
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100%
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100%
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