During the auction of EUR 625 mln of 52W T-Bills conducted today, the total bids reached EUR 1,633 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 10, 2020 (12 p.m local time).
Settlement date is September 11, 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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September 9, 2020
(amounts in mln euro)
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June 10, 2020
(amounts in mln euro)
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1.Amount Auctioned
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625
|
1.000
|
|
2.Total amount offered
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1,633
|
1,888
|
|
3.Coverage ratio
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2.61
|
1.89
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|
4.Amount Accepted
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812.5
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1,300
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5. Uniform yield
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0.00%
|
0.25%
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|
6. Cut-off price
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100
|
99.749
|
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7. Cut – off ratio
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80%
|
7%
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