During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 1,939 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 September 19, 2013 (12 p.m local time)

Settlement date is September 20, 2013. The results of the auction are as follows:

 

AUCTION   RESULTS

 

A U C T I O N

Today

Previous

13W T – BILLS

September 17, 2013 (amounts in mln euro)

August 13, 2013        (amounts in mln euro)

1.- Amount Auctioned

1,000

1,000

2.- Total amount offered

1,939

1,866

3.- Coverage ratio

1.94

1.87

4.- Amount Accepted

1,300

1,300

5.- Uniform yield

4.02%

4.02%

6.- Cut-off  price

98.995

98.995

7.- Cut – off ratio

76.29%

74.00%