During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,894 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 7, 2014 (12 p.m local time).
Settlement date is August 8, 2014. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
August 5, 2014 (amounts in mln euro) |
July 8, 2014 (amounts in mln euro) |
|
1.-Amount Auctioned |
625 |
1,250 |
|
2.-Total amount offered |
1,894 |
3,322 |
|
3.-Coverage ratio |
3.03 |
2.66 |
|
4.-Amount Accepted |
812.5 |
1,625 |
|
5.- Uniform yield |
2.02% |
2.05% |
|
6.- Cut-off price |
98.990 |
98.975 |
|
7.- Cut – off ratio |
29% |
28% |
