During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 2,485 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 May 3, 2018 (12 p.m local time).
Settlement date is May 4, 2018. 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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May 2, 2018
(amounts in mln euro)
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April 4, 2018
(amounts in mln euro)
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1.Amount Auctioned
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875
|
875
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2.Total amount offered
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2,485
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2,352
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3.Coverage ratio
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2.84
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2.69
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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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0.70%
|
1.07%
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6. Cut-off price
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99.649
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99.475
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7. Cut – off ratio
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62%
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39%
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