During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 1,716 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 December 7, 2017 (12 p.m local time).
Settlement date is December 8, 2017. 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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December 6, 2017
(amounts in mln euro)
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November 8, 2017
(amounts in mln euro)
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1.Amount Auctioned
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1,000
|
875
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2.Total amount offered
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1,716
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1,588
|
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3.Coverage ratio
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1.72
|
1.81
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4.Amount Accepted
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1,300
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1,137.5
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5. Uniform yield
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1.75%
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1.80%
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6. Cut-off price
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99.560
|
99.547
|
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7. Cut – off ratio
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5%
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28%
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