During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,064 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 February 27, 2020 (12 p.m local time).
Settlement date is February 28, 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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February 26, 2020
(amounts in mln euro)
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January 29, 2020
(amounts in mln euro)
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1.Amount Auctioned
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625
|
375
|
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2.Total amount offered
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1,064
|
835
|
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3.Coverage ratio
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1.70
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2.23
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|
4.Amount Accepted
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812.5
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487.5
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5. Uniform yield
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-0.05%
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-0.05%
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|
6. Cut-off price
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100.025
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100.026
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7. Cut – off ratio
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36%
|
97%
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