During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 1,557 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 March 8, 2018 (12 p.m local time).
Settlement date is March 9, 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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March 7, 2018
(amounts in mln euro)
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February 7, 2018
(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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1,557
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1,353
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3.Coverage ratio
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1.56
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1.55
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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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1.05%
|
0.99%
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6. Cut-off price
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99.735
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99.75
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7. Cut – off ratio
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81%
|
95%
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