During the auction of EUR 375 mln of 26W T-Bills conducted today, the total bids reached EUR 835 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 January 30, 2020 (12 p.m local time).
Settlement date is January 31, 2020. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N
|
Today
|
Previous
|
|
26W T – BILLS
|
January 29, 2020
(amounts in mln euro)
|
December 31, 2019
(amounts in mln euro)
|
|
1.Amount Auctioned
|
375
|
1,000
|
|
2.Total amount offered
|
835
|
1,751
|
|
3.Coverage ratio
|
2.23
|
1.75
|
|
4.Amount Accepted
|
487.5
|
1,300
|
|
5. Uniform yield
|
-0.05%
|
0.00%
|
|
6. Cut-off price
|
100.026
|
100.00
|
|
7. Cut – off ratio
|
97%
|
99%
|