During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 2,335 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 October 9, 2014 (12 p.m local time).
Settlement date is October 10, 2014. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
October 8, 2014 (amounts in mln euro) |
September 2, 2014 (amounts in mln euro) |
|
1.-Amount Auctioned |
875 |
875 |
|
2.-Total amount offered |
2,335 |
2,186 |
|
3.-Coverage ratio |
2.67 |
2.50 |
|
4.-Amount Accepted |
1.137,5 |
1.137,5 |
|
5.- Uniform yield |
2.00% |
2.00% |
|
6.- Cut-off price |
98.978 |
99.000 |
|
7.- Cut – off ratio |
26% |
25.2% |
