During the auction of EUR 1,000 mln of 26W T-Bills conducted today, the total bids reached EUR 1,666 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 April 30, 2020 (12 p.m local time).
Settlement date is May 4, 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 29, 2020
(amounts in mln euro)
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April 1, 2020
(amounts in mln euro)
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|
1.Amount Auctioned
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1,000
|
375
|
|
2.Total amount offered
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1,666
|
508
|
|
3.Coverage ratio
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1.67
|
1.35
|
|
4.Amount Accepted
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1.300
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487.5
|
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5. Uniform yield
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0.36%
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0.30%
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|
6. Cut-off price
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99.820
|
99.850
|
|
7. Cut – off ratio
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100%
|
84%
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