During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 2,505 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 18, 2014 (12 p.m local time)
Settlement date is September 19, 2014. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
September 16, 2014 (amounts in mln euro) |
August 12, 2014 (amounts in mln euro) |
|
1.- Amount Auctioned |
1,000 |
1,000 |
|
2.- Total amount offered |
2,505 |
2,605 |
|
3.- Coverage ratio |
2.51 |
2.61 |
|
4.- Amount Accepted |
1,300 |
1,300 |
|
5.- Uniform yield |
1.70% |
1.75% |
|
6.- Cut-off price |
99.573 |
99.575 |
|
7.- Cut – off ratio |
52% |
26% |
