During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 1,523 mln and the amount finally accepted was EUR 1,137.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until November 2, 2017 (12 p.m local time).
Settlement date is November 3, 2017. 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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November 1, 2017
(amounts in mln euro)
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October 4, 2017
(amounts in mln euro)
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1.Amount Auctioned
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875
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875
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2.Total amount offered
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1,523
|
1,261
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3.Coverage ratio
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1.74
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1.44
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4.Amount Accepted
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1,137.5
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1,137.5
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5. Uniform yield
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2.30%
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2.35%
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6. Cut-off price
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98.850
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98.800
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7. Cut – off ratio
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50%
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78%
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