During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,104 mln and the amount finally accepted was EUR 812.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until August 8, 2013 (12 p.m local time).
Settlement date is August 9, 2013. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
August 6, 2013 (amounts in mln euro) |
July 9, 2013 (amounts in mln euro) |
|
1.-Amount Auctioned |
625 |
1,250 |
|
2.-Total amount offered |
1,104 |
2,125 |
|
3.-Coverage ratio |
1.77 |
1.70 |
|
4.-Amount Accepted |
812.5 |
1,625 |
|
5.- Uniform yield |
4.20% |
4.20% |
|
6.- Cut-off price |
97.922 |
97.920 |
|
7.- Cut – off ratio |
93.67% |
100.00% |
