During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 1,655 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 March 21, 2013 (12 p.m local time)
Settlement date is March 22, 2013. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
March 19, 2013 (amounts in mln euro) |
February 12, 2013 (amounts in mln euro) |
|
1.- Amount Auctioned |
1,000 |
1,000 |
|
2.- Total amount offered |
1,655 |
1,763 |
|
3.- Coverage ratio |
1.66 |
1.76 |
|
4.- Amount Accepted |
1,300 |
1,300 |
|
5.- Uniform yield |
4.05% |
4.05% |
|
6.- Cut-off price |
98.986 |
98.987 |
|
7.- Cut – off ratio |
100% |
100% |
