During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,329 mln and the amount finally accepted was EUR 812.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until June 1, 2023 (12 p.m local time).
Settlement date is June 2, 2023. 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 31, 2023
(amounts in mln euro)
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April 26, 2023
(amounts in mln euro)
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1.Amount Auctioned
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625
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625
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2.Total amount offered
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1,329
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1,129
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3.Coverage ratio
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2.13
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1.81
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4.Amount Accepted
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812.5
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812.5
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5. Uniform yield
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3.50%
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3.50%
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6. Cut-off price
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98.260
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98.262
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7. Cut – off ratio
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80%
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32%
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