During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 2,213 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 April 4, 2019 (12 p.m local time).
Settlement date is April 5, 2019. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N
|
Today
|
Previous
|
|
26W T – BILLS
|
April 3 , 2019
(amounts in mln euro)
|
February 27, 2019
(amounts in mln euro)
|
|
1.Amount Auctioned
|
875
|
875
|
|
2.Total amount offered
|
2,213
|
1,777
|
|
3.Coverage ratio
|
2.53
|
2.03
|
|
4.Amount Accepted
|
1,137.5
|
1,137.5
|
|
5. Uniform yield
|
0.58%
|
0.72%
|
|
6. Cut-off price
|
99.708
|
99.638
|
|
7. Cut – off ratio
|
69%
|
72%
|