During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 2,025 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 January 10, 2013 (12 p.m local time).
Settlement date is January 11, 2013. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
January 8, 2013 (amounts in mln euro) |
December 11, 2012 (amounts in mln euro) |
|
1.-Amount Auctioned |
1,250 |
1,250 |
|
2.-Total amount offered |
2,025 |
1,925 |
|
3.-Coverage ratio |
1.62 |
1.54 |
|
4.-Amount Accepted |
1,625 |
1,625 |
|
5.- Uniform yield |
4.30% |
4.38% |
|
6.- Cut-off price |
97.872 |
97.834 |
|
7.- Cut – off ratio |
100.00% |
100.00% |
