During the auction of EUR 1,000 mln of 26W T-Bills conducted today, the total bids reached EUR 1,317 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 December 11, 2014 (12 p.m local time).
Settlement date is December 12, 2014. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
December 10, 2014 (amounts in mln euro) |
November 12, 2014 (amounts in mln euro) |
|
1.-Amount Auctioned |
1,000 |
875 |
|
2.-Total amount offered |
1,317 |
2,113 |
|
3.-Coverage ratio |
1.32 |
2.41 |
|
4.-Amount Accepted |
1,300 |
1,137.5 |
|
5.- Uniform yield |
1.80% |
1.70% |
|
6.- Cut-off price |
99.548 |
99.573 |
|
7.- Cut – off ratio |
99.50% |
68.46% |
