During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 2,025 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 14, 2013 (12 p.m local time)
Settlement date is November 15, 2013. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
November 12, 2013 (amounts in mln euro) |
October 15, 2013 (amounts in mln euro) |
|
1.- Amount Auctioned |
1,000 |
1,250 |
|
2.- Total amount offered |
2,025 |
2,360 |
|
3.- Coverage ratio |
2.03 |
1.89 |
|
4.- Amount Accepted |
1,300 |
1,625 |
|
5.- Uniform yield |
3.90% |
3.95% |
|
6.- Cut-off price |
99.024 |
99.011 |
|
7.- Cut – off ratio |
90.90% |
90.00% |
