During the auction of EUR 625 mln of 52W T-Bills conducted today, the total bids reached EUR 1,490 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 December 10, 2020 (12 p.m local time).
Settlement date is December 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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December 9, 2020
(amounts in mln euro)
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September 9, 2020
(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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1,490
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1,633
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|
3.Coverage ratio
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2.38
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2.61
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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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-0.26%
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0.00%
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6. Cut-off price
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100.260
|
100
|
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7. Cut – off ratio
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15%
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80%
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