During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 1.390 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 August 6, 2020 (12 p.m local time).
Settlement date is August 7, 2020. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N
|
Today
|
Previous
|
|
13W T – BILLS
|
August 5, 2020
(amounts in mln euro)
|
July 8, 2020
(amounts in mln euro)
|
|
1.Amount Auctioned
|
625
|
625
|
|
2.Total amount offered
|
1,390
|
1,893
|
|
3.Coverage ratio
|
2.22
|
3.03
|
|
4.Amount Accepted
|
812.5
|
812.5
|
|
5. Uniform yield
|
-0.04%
|
0.01%
|
|
6. Cut-off price
|
100.010
|
99.997
|
|
7. Cut – off ratio
|
20%
|
42%
|