During the auction of EUR 1,000 mln of 26W T-Bills conducted today, the total bids reached EUR 3,103 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 April 10, 2014 (12 p.m local time).
Settlement date is April 11, 2014. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
April 8, 2014 (amounts in mln euro) |
March 4, 2014 (amounts in mln euro) |
|
1.-Amount Auctioned |
1,000 |
875 |
|
2.-Total amount offered |
3,103 |
2,019 |
|
3.-Coverage ratio |
3.10 |
2.31 |
|
4.-Amount Accepted |
1,300 |
1,137.5 |
|
5.- Uniform yield |
3.01% |
3.60% |
|
6.- Cut-off price |
98.500 |
98.213 |
|
7.- Cut – off ratio |
2.10% |
35.10% |
