During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 1,660 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 November 15, 2012 (12 p.m local time)
Settlement date is November 16, 2012. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
November 13, 2012 (amounts in mln euro) |
October 16, 2012 (amounts in mln euro) |
|
1.- Amount Auctioned |
1,000 |
1,250 |
|
2.- Total amount offered |
1,660 |
2,375 |
|
3.- Coverage ratio |
1.66 |
1.90 |
|
4.- Amount Accepted |
1,300 |
1,625 |
|
5.- Uniform yield |
4.20% |
4.24% |
|
6.- Cut-off price |
98.949 |
98.939 |
|
7.- Cut – off ratio |
100% |
100% |
