During the auction of EUR 625 mln of 52W T-Bills conducted today, the total bids reached EUR 1,194 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 March 14, 2019 (12 p.m local time).
Settlement date is March 15, 2019. 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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|
52W T – BILLS
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March 13, 2019
(amounts in mln euro)
|
December 12, 2018
(amounts in mln euro)
|
|
1.Amount Auctioned
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625
|
625
|
|
2.Total amount offered
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1,194
|
956
|
|
3.Coverage ratio
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1.91
|
1.53
|
|
4.Amount Accepted
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812.5
|
812.5
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|
5. Uniform yield
|
0.95%
|
1.09%
|
|
6. Cut-off price
|
99.050
|
98.910
|
|
7. Cut – off ratio
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41%
|
98%
|