During the auction of EUR 1,000 mln of 26W T-Bills conducted today, the total bids reached EUR 2,653 mln and the amount finally accepted was EUR 1,300 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until May 8, 2014 (12 p.m local time).
Settlement date is May 9, 2014. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
May 6, 2014 (amounts in mln euro) |
April 8, 2014 (amounts in mln euro) |
|
1.-Amount Auctioned |
1,000 |
1,000 |
|
2.-Total amount offered |
2,653 |
3,103 |
|
3.-Coverage ratio |
2.65 |
3.10 |
|
4.-Amount Accepted |
1,300 |
1,300 |
|
5.- Uniform yield |
2.70% |
3.01% |
|
6.- Cut-off price |
98.654 |
98.500 |
|
7.- Cut – off ratio |
13.36% |
2.10% |
