During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,287 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 September 28, 2023 (12 p.m local time).
Settlement date is September 29, 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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September 27, 2023
(amounts in mln euro)
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August 23, 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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1,287
|
1,190
|
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3.Coverage ratio
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2.06
|
1.90
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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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3.90%
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3.83%
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6. Cut-off price
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98.066
|
98.100
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7. Cut – off ratio
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16%
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40%
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