During the auction of EUR 375 mln of 26W T-Bills conducted today, the total bids reached EUR 1,312 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 October 1, 2020 (12 p.m local time).
Settlement date is October 2, 2020. The results of the auction are as follows:
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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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September 30, 2020
(amounts in mln euro)
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August 26, 2020
(amounts in mln euro)
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1.Amount Auctioned
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375
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625
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2.Total amount offered
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1,312
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984
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3.Coverage ratio
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3.50
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1.57
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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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-0.10%
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0.00%
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6. Cut-off price
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100.052
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100
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7. Cut – off ratio
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8%
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94%
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