AUCTION RESULTS OF 13W T - BILLS
During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 2,688 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 22, 2012 (12 p.m local time)
Settlement date is March 23, 2012. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
13W T – BILLS |
March 20, 2012 (amounts in mln euro) |
February 14, 2012 (amounts in mln euro) |
1.- Amount Auctioned |
1,000 |
1,000 |
2.- Total amount offered |
2,688 |
2,701 |
3.- Coverage ratio |
2.69 |
2,70 |
4.- Amount Accepted |
1,300 |
1,300 |
5.- Uniform yield |
4.25% |
4.61% |
6.- Cut-off price |
98.937 |
98.848 |
7.- Cut – off ratio |
100% |
100% |