During the auction of EUR 375 mln of 52W T-Bills conducted today, the total bids reached EUR 694 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 March 12, 2020 (12 p.m local time).
Settlement date is March 13, 2020. 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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March 11, 2019
(amounts in mln euro)
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December 11, 2019
(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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694
|
1,130
|
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3.Coverage ratio
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1.85
|
1.81
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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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0.24%
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0.07%
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6. Cut-off price
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99.758
|
99.930
|
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7. Cut – off ratio
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9%
|
72%
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