During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 1,980 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 September 20, 2012 (12 p.m local time)
Settlement date is September 21, 2012. 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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13W T – BILLS
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September 18, 2012 (amounts in mln euro)
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August 14, 2012
(amounts in mln euro)
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1.- Amount Auctioned
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1,000
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3,125
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2.- Total amount offered
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1,980
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4,248
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3.- Coverage ratio
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1.98
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1.36
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4.- Amount Accepted
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1,300
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4,062.5
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5.- Uniform yield
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4.31%
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4.43%
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6.- Cut-off price
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98.922
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98.892
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7.- Cut – off ratio
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100%
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100%
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