During the auction of EUR 375 mln of 52W T-Bills conducted today, the total bids reached EUR 758 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 December 7, 2023 (12 p.m local time).
Settlement date is December 8, 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
|
|
52W T – BILLS
|
December 6, 2023
(amounts in mln euro)
|
September 6, 2023
(amounts in mln euro)
|
|
1.Amount Auctioned
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375
|
625
|
|
2.Total amount offered
|
758
|
1,553
|
|
3.Coverage ratio
|
2.02
|
2.48
|
|
4.Amount Accepted
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487.5
|
812.5
|
|
5. Uniform yield
|
3.70%
|
3.81%
|
|
6. Cut-off price
|
96.390
|
96.290
|
|
7. Cut – off ratio
|
80%
|
69%
|