During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 949 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 August 2, 2018 (12 p.m local time).
Settlement date is August 3, 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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26W T – BILLS
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August 1, 2018
(amounts in mln euro)
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July 4, 2018
(amounts in mln euro)
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1.Amount Auctioned
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625
|
1,250
|
|
2.Total amount offered
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949
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1,729
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3.Coverage ratio
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1.52
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1.38
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4.Amount Accepted
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812.5
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1,625
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5. Uniform yield
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0.85%
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0.85%
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|
6. Cut-off price
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99.573
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99.573
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7. Cut – off ratio
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89%
|
100%
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