During the auction of EUR 1,000 mln of 26W T-Bills conducted today, the total bids reached EUR 1,600 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 October 11, 2012 (12 p.m local time).
Settlement date is October 12, 2012. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
October 9, 2012 (amounts in mln euro) |
September 4, 2012 (amounts in mln euro) |
|
1.-Amount Auctioned |
1,000 |
875 |
|
2.-Total amount offered |
1,600 |
1,708 |
|
3.-Coverage ratio |
1.60 |
1.95 |
|
4.-Amount Accepted |
1,300 |
1,137.5 |
|
5.- Uniform yield |
4.46% |
4.54% |
|
6.- Cut-off price |
97.795 |
97.756 |
|
7.- Cut – off ratio |
100.00% |
100.00% |
