During the auction of EUR 875 mln of 13W T-Bills conducted today, the total bids reached EUR 1,901 mln and the amount finally accepted was EUR 1,137.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until August 10 2017 (12 p.m local time).
Settlement date is August 11, 2017. 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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August 9, 2017
(amounts in mln euro)
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July 12, 2017
(amounts in mln euro)
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1.Amount Auctioned
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875
|
625
|
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2.Total amount offered
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1,901
|
1,154
|
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3.Coverage ratio
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2,17
|
1,85
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4.Amount Accepted
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1,137.5
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812.5
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5. Uniform yield
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1.95%
|
2.33%
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6. Cut-off price
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99.509
|
99.415
|
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7. Cut – off ratio
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54%
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48.5%
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