During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 2,643 mln and the amount finally accepted was EUR 1,625 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until December 12, 2013 (12 p.m local time).
Settlement date is December 13, 2013. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
December 10, 2013 (amounts in mln euro) |
November 5, 2013 (amounts in mln euro) |
|
1.-Amount Auctioned |
1,250 |
1,000 |
|
2.-Total amount offered |
2,643 |
1,860 |
|
3.-Coverage ratio |
2.11 |
1.86 |
|
4.-Amount Accepted |
1,625 |
1,300 |
|
5.- Uniform yield |
4.15% |
4.15% |
|
6.- Cut-off price |
97.946 |
97.945 |
|
7.- Cut – off ratio |
83.71% |
71.60% |
