During the auction of EUR 750 mln of 4W T-Bills conducted today, the total bids reached EUR 983.2 mln and the amount finally accepted was EUR 975 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until January 10, 2013 (12 p.m local time)
Settlement date is January 11, 2013. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
4W T – BILLS |
January 8, 2013 (amounts in mln euro) |
December 11, 2012 (amounts in mln euro) |
1.- Amount Auctioned |
750 |
2,125 |
2.- Total amount offered |
983.2 |
2,763 |
3.- Coverage ratio |
1.31 |
1.30 |
4.- Amount Accepted |
975 |
2,762.5 |
5.- Uniform yield |
3.95% |
3.99% |
6.- Cut-off price |
99.694 |
99.691 |
7.- Cut – off ratio |
100% |
100% |