During the auction of EUR 1,000 mln of 26W T-Bills conducted today, the total bids reached EUR 1,751 mln and the amount finally accepted was EUR 1,300 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until January 2, 2020 (12 p.m local time).
Settlement date is January 3, 2020. 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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26W T – BILLS
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December 31, 2019
(amounts in mln euro)
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December 4, 2019
(amounts in mln euro)
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1.Amount Auctioned
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1,000
|
625
|
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2.Total amount offered
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1,751
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1,320
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3.Coverage ratio
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1.75
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2.11
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4.Amount Accepted
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1,300
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812.5
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5. Uniform yield
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0.00%
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-0.02%
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6. Cut-off price
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100.00
|
100.011
|
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7. Cut – off ratio
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99%
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30%
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