During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 2,379 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 March 20, 2014 (12 p.m local time)
Settlement date is March 21, 2014. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
March 18, 2014 (amounts in mln euro) |
February 11, 2014 (amounts in mln euro) |
|
1.- Amount Auctioned |
1,000 |
1,000 |
|
2.- Total amount offered |
2,379 |
2,383 |
|
3.- Coverage ratio |
2.38 |
2.38 |
|
4.- Amount Accepted |
1,300 |
1,300 |
|
5.- Uniform yield |
3.10% |
3.60% |
|
6.- Cut-off price |
99.223 |
99.098 |
|
7.- Cut – off ratio |
26.17% |
25.83% |
