During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,567 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 August 1, 2019 (12 p.m local time).
Settlement date is August 2, 2019. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N
|
Today
|
Previous
|
|
26W T – BILLS
|
July 31, 2019
(amounts in mln euro)
|
July 3, 2019
(amounts in mln euro)
|
|
1.Amount Auctioned
|
625
|
1,250
|
|
2.Total amount offered
|
1,567
|
2,009
|
|
3.Coverage ratio
|
2.51
|
1.61
|
|
4.Amount Accepted
|
812.5
|
1,625
|
|
5. Uniform yield
|
0.15%
|
0.23%
|
|
6. Cut-off price
|
99.924
|
99.884
|
|
7. Cut – off ratio
|
75%
|
65%
|