During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 2,019 mln and the amount finally accepted was EUR 1,137.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until March 6, 2014 (12 p.m local time).
Settlement date is March 7, 2014. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
March 4, 2014 (amounts in mln euro) |
February 4, 2014 (amounts in mln euro) |
|
1.-Amount Auctioned |
875 |
625 |
|
2.-Total amount offered |
2,019 |
1,441 |
|
3.-Coverage ratio |
2.31 |
2.31 |
|
4.-Amount Accepted |
1,137.5 |
812.5 |
|
5.- Uniform yield |
3.60% |
4.00% |
|
6.- Cut-off price |
98.213 |
98.017 |
|
7.- Cut – off ratio |
35.10% |
40.50% |
