During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 2,592 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 9, 2014 (12 p.m local time).
Settlement date is January 10, 2014. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
January 7, 2014 (amounts in mln euro) |
December 10, 2013 (amounts in mln euro) |
|
1.-Amount Auctioned |
1,250 |
1,250 |
|
2.-Total amount offered |
2,592 |
2,643 |
|
3.-Coverage ratio |
2.07 |
2.11 |
|
4.-Amount Accepted |
1,625 |
1,625 |
|
5.- Uniform yield |
4.10% |
4.15% |
|
6.- Cut-off price |
97.970 |
97.946 |
|
7.- Cut – off ratio |
79.66% |
83.71% |
