During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 1,300 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 10, 2016 (12 p.m local time).
Settlement date is March 11, 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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March 9, 2016
(amounts in mln euro)
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February 10, 2016
(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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1,300
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1,138
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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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1,300
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1,137.5
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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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