During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 2,153 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 January 11, 2018 (12 p.m local time).
Settlement date is January 12, 2018. 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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13W T – BILLS
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January 10, 2018
(amounts in mln euro)
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December 13, 2017
(amounts in mln euro)
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1.Amount Auctioned
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625
|
1,000
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2.Total amount offered
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2,153
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1,872
|
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3.Coverage ratio
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3.44
|
1.87
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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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0.99%
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1.60%
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6. Cut-off price
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99.75
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99.597
|
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7. Cut – off ratio
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63%
|
47%
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