During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 1,014 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 October 5, 2023 (12 p.m. local time).
Settlement date is October 6, 2023. 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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October 4, 2023
(amounts in mln euro)
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August 2, 2023
(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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1,014
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1,168
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3.Coverage ratio
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1.62
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1.87
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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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3.90%
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3.72%
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6. Cut-off price
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99.025
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99.068
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7. Cut – off ratio
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81%
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40%
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