During the auction of EUR 875 mln of 13W T-Bills conducted today, the total bids reached EUR 1,407 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 May 11, 2017 (12 p.m local time).
Settlement date is May 12, 2017. 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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May 10, 2017
(amounts in mln euro)
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April 12, 2017
(amounts in mln euro)
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1.Amount Auctioned
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875
|
625
|
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2.Total amount offered
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1,407
|
813
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3.Coverage ratio
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1,61
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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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2.70%
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2.70%
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6. Cut-off price
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99.322
|
99.352
|
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7. Cut – off ratio
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68.7%
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100%
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