During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 3,322 mln and the amount finally accepted was EUR 1,625 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until July 10, 2014 (12 p.m local time).
Settlement date is July 11, 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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July 8, 2014
(amounts in mln euro)
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June 10, 2014
(amounts in mln euro)
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1.-Amount Auctioned
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1,250
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1,250
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2.-Total amount offered
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3,322
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3,369
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3.-Coverage ratio
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2.66
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2.70
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4.-Amount Accepted
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1,625
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1,625
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5.- Uniform yield
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2.05%
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2.15%
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6.- Cut-off price
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98.975
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98.925
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7.- Cut – off ratio
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28%
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19.30%
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