During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 1.893 mln and the amount finally accepted was EUR 812.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until July 9, 2020 (12 p.m local time).
Settlement date is July 10, 2020. 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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July 8, 2020
(amounts in mln euro)
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May 6, 2020
(amounts in mln euro)
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1.Amount Auctioned
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625
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625
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2.Total amount offered
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1,893
|
1,152
|
|
3.Coverage ratio
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3.03
|
1.84
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|
4.Amount Accepted
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812.5
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812.5
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5. Uniform yield
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0.01%
|
0.28%
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|
6. Cut-off price
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99.997
|
99.930
|
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7. Cut – off ratio
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42%
|
96%
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