During the auction of EUR 1,250 mln of 13W T-Bills conducted today, the total bids reached EUR 2,360 mln and the amount finally accepted was EUR 1,625mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until October 17, 2013 (12 p.m local time)
Settlement date is October 18, 2013. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
October 15, 2013 (amounts in mln euro) |
September 17, 2013 (amounts in mln euro) |
|
1.- Amount Auctioned |
1,250 |
1,000 |
|
2.- Total amount offered |
2,360 |
1,939 |
|
3.- Coverage ratio |
1.89 |
1.94 |
|
4.- Amount Accepted |
1,625 |
1,300 |
|
5.- Uniform yield |
3.95% |
4.02% |
|
6.- Cut-off price |
99.011 |
98.995 |
|
7.- Cut – off ratio |
90.00% |
76.29% |
