During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 2,257 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 December 11, 2014 (12 p.m local time).
Settlement date is December 12, 2014. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
December 10, 2014 (amounts in mln euro) |
November 5, 2014 (amounts in mln euro) |
|
1.-Amount Auctioned |
1.250 |
875 |
|
2.-Total amount offered |
2,257 |
1,833 |
|
3.-Coverage ratio |
1.81 |
2.09 |
|
4.-Amount Accepted |
1,625 |
1.137,5 |
|
5.- Uniform yield |
2.15% |
2.00% |
|
6.- Cut-off price |
98.926 |
99.000 |
|
7.- Cut – off ratio |
95,18% |
96.8% |
