During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 1,476 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 January 5, 2023 (12 p.m. local time).
Settlement date is January 9, 2023. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N
|
Today
|
Previous
|
|
13W T – BILLS
|
January 4, 2023
(amounts in mln euro)
|
November 2, 2022
(amounts in mln euro)
|
|
1.Amount Auctioned
|
625
|
625
|
|
2.Total amount offered
|
1,476
|
1,400
|
|
3.Coverage ratio
|
2.36
|
2.24
|
|
4.Amount Accepted
|
812.5
|
812.5
|
|
5. Uniform yield
|
2.18%
|
1.79%
|
|
6. Cut-off price
|
99.445
|
99.550
|
|
7. Cut – off ratio
|
92%
|
61%
|