During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 2,218 mln and the amount finally accepted was EUR 1,625 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until January 4, 2018 (12 p.m local time).
Settlement date is January 5, 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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January 3, 2018
(amounts in mln euro)
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December 6, 2017
(amounts in mln euro)
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1.Amount Auctioned
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1,250
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1,250
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2.Total amount offered
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2,218
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2,534
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3.Coverage ratio
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1.77
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2.03
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4.Amount Accepted
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1,625
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1,625
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5. Uniform yield
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1.65%
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1.95%
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6. Cut-off price
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99.172
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99.025
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7. Cut – off ratio
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81%
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70%
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