During the auction of EUR 875 mln of 13W T-Bills conducted today, the total bids reached EUR 2,113 mln and the amount finally accepted was EUR 1,137.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until November 13, 2014 (12 p.m local time)
Settlement date is November 14, 2014. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
November 12, 2014 (amounts in mln euro) |
October 15, 2014 (amounts in mln euro) |
|
1.- Amount Auctioned |
875 |
625 |
|
2.- Total amount offered |
2,113 |
1,552 |
|
3.- Coverage ratio |
2.41 |
2.48 |
|
4.- Amount Accepted |
1,137.5 |
812.5 |
|
5.- Uniform yield |
1.70% |
1.70% |
|
6.- Cut-off price |
99.573 |
99.573 |
|
7.- Cut – off ratio |
68.46% |
24% |
