During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 1,715 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 June 20, 2013 (12 p.m local time)
Settlement date is June 21, 2013. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
13W T – BILLS |
June 18, 2013 (amounts in mln euro) |
May 14, 2013 (amounts in mln euro) |
1.- Amount Auctioned |
1,000 |
1,000 |
2.- Total amount offered |
1,715 |
1,750 |
3.- Coverage ratio |
1.72 |
1.75 |
4.- Amount Accepted |
1,300 |
1,300 |
5.- Uniform yield |
4.02% |
4.02% |
6.- Cut-off price |
98.995 |
98.994 |
7.- Cut – off ratio |
100% |
100% |