During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 1,650 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 September 5, 2013 (12 p.m local time).
Settlement date is September 6, 2013. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
September 3 2013 (amounts in mln euro) |
August 6, 2013 (amounts in mln euro) |
|
1.-Amount Auctioned |
875 |
625 |
|
2.-Total amount offered |
1,650 |
1,104 |
|
3.-Coverage ratio |
1.89 |
1.77 |
|
4.-Amount Accepted |
1,137.5 |
812.5 |
|
5.- Uniform yield |
4.20% |
4.20% |
|
6.- Cut-off price |
97.923 |
97.922 |
|
7.- Cut – off ratio |
91.67% |
93.67% |
