During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 1,138 mln and the amount finally accepted was EUR 1,137.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until September 1, 2016 (12 p.m local time).
Settlement date is September 2, 2016. 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 31, 2016
(amounts in mln euro)
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August 3, 2016
(amounts in mln euro)
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1.Amount Auctioned
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875
|
625
|
|
2.Total amount offered
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1,138
|
813
|
|
3.Coverage ratio
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1.30
|
1.30
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|
4.Amount Accepted
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1,137.5
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812.5
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5. Uniform yield
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2.97%
|
2.97%
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6. Cut-off price
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98.521
|
98.521
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7. Cut – off ratio
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100%
|
100%
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