During the auction of EUR 625 mln of 52W T-Bills conducted today, the total bids reached EUR 996 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 12, 2019 (12 p.m local time).
Settlement date is September 13, 2019. 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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52W T – BILLS
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September 11, 2019
(amounts in mln euro)
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June 12, 2019
(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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996
|
1,421
|
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3.Coverage ratio
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1.59
|
2.27
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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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0.29%
|
0.47%
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6. Cut-off price
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99.705
|
99.530
|
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7. Cut – off ratio
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36%
|
87%
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