During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 2,352 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 April 5, 2018 (12 p.m local time).
Settlement date is April 10, 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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April 4, 2018
(amounts in mln euro)
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February 28, 2018
(amounts in mln euro)
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1.Amount Auctioned
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875
|
875
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2.Total amount offered
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2,352
|
1,587
|
|
3.Coverage ratio
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2.69
|
1.81
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|
4.Amount Accepted
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1,137.5
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1,137.5
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5. Uniform yield
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1.07%
|
1.19%
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6. Cut-off price
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99.475
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99.400
|
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7. Cut – off ratio
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39%
|
47%
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