During the auction of EUR 375 mln of 13W T-Bills conducted today, the total bids reached EUR 1,209 mln and the amount finally accepted was EUR 487.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until November 7, 2019 (12 p.m local time).
Settlement date is November 8, 2019. 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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November 6, 2019
(amounts in mln euro)
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October 9, 2019
(amounts in mln euro)
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1.Amount Auctioned
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375
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375
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2.Total amount offered
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1,209
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1,018
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|
3.Coverage ratio
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3.22
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2.73
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4.Amount Accepted
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487.5
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487.5
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5. Uniform yield
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-0.08%
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-0.02%
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6. Cut-off price
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100.021
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100.005
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7. Cut – off ratio
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38%
|
50%
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