During the auction of EUR 375 mln of 26W T-Bills conducted today, the total bids reached EUR 508 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 April 2, 2020 (12 p.m local time).
Settlement date is April 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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April 1, 2020
(amounts in mln euro)
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February 26, 2020
(amounts in mln euro)
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|
1.Amount Auctioned
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375
|
625
|
|
2.Total amount offered
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508
|
1,064
|
|
3.Coverage ratio
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1.35
|
1.70
|
|
4.Amount Accepted
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487.5
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812.5
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5. Uniform yield
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0.30%
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-0.05%
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|
6. Cut-off price
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99.850
|
100.025
|
|
7. Cut – off ratio
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84%
|
36%
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