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%