During the auction of EUR 375 mln of 26W T-Bills conducted today, the total bids reached EUR 956 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 June 29, 2023 (12 p.m local time).
Settlement date is June 30, 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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June 28, 2023
(amounts in mln euro)
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May 31, 2023
(amounts in mln euro)
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|
1.Amount Auctioned
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375
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625
|
|
2.Total amount offered
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956
|
1,329
|
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3.Coverage ratio
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2.55
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2.13
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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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3.65%
|
3.50%
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6. Cut-off price
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98.188
|
98.260
|
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7. Cut – off ratio
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73%
|
80%
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