During the auction of EUR 1,000 mln of 26W T-Bills conducted today, the total bids reached EUR 1,705 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 May 9, 2013 (12 p.m local time).
Settlement date is May 10, 2013. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
May 8, 2013 (amounts in mln euro) |
March 5, 2013 (amounts in mln euro) |
|
1.-Amount Auctioned |
1,000 |
875 |
|
2.-Total amount offered |
1,705 |
1,438 |
|
3.-Coverage ratio |
1.71 |
1.64 |
|
4.-Amount Accepted |
1,300 |
1,137.5 |
|
5.- Uniform yield |
4.20% |
4.25% |
|
6.- Cut-off price |
97.920 |
97.896 |
|
7.- Cut – off ratio |
100.00% |
100.00% |
