During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 1,763 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 February 14, 2013 (12 p.m local time)

Settlement date is February 15, 2013. The results of the auction are as follows:

 

AUCTION   RESULTS

 

A U C T I O N

Today

Previous

13W T – BILLS

February 12, 2013

(amounts in mln euro)

January 15, 2013

(amounts in mln euro)

1.- Amount Auctioned

1,000

1,250

2.- Total amount offered

1,763

2,182

3.- Coverage ratio

1.76

1.75

4.- Amount Accepted

1,300

1,625

5.- Uniform yield

4.05%

4.07%

6.- Cut-off  price

98.987

98.982

7.- Cut – off ratio

100%

100%