During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 813 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 October 13, 2016 (12 p.m local time).
Settlement date is October 14, 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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13W T – BILLS
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October 12, 2016
(amounts in mln euro)
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September 14, 2016
(amounts in mln euro)
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1.-Amount Auctioned
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625
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1,000
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2.-Total amount offered
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813
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1,300
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3.-Coverage ratio
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1.30
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1.30
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4.-Amount Accepted
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812.5
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1,300
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5.- Uniform yield
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2.70%
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2.70%
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6.- Cut-off price
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99.322
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99.322
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7.- Cut – off ratio
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100%
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100%
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