During the auction of EUR 1,000 mln of 52W T-Bills conducted today, the total bids reached EUR 1,888 mln and the amount finally accepted was EUR 1.300 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until June 11, 2020 (12 p.m local time).
Settlement date is June 12, 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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June 10, 2020
(amounts in mln euro)
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March 11, 2020
(amounts in mln euro)
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1.Amount Auctioned
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1.000
|
375
|
|
2.Total amount offered
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1,888
|
694
|
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3.Coverage ratio
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1.89
|
1.85
|
|
4.Amount Accepted
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1,300
|
487.5
|
|
5. Uniform yield
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0.25%
|
0.24%
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|
6. Cut-off price
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99.749
|
99.758
|
|
7. Cut – off ratio
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7%
|
9%
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