During the auction of EUR 2,125 mln of 4W T-Bills conducted today, the total bids reached EUR 2,765 mln and the amount finally accepted was EUR 2,762.5 mln.

On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until November 15, 2012 (12 p.m   local time)

Settlement date is November 16, 2012.  The results of the auction are as follows:

 

 AUCTION   RESULTS

 

A U C T I O N

Today

4W T – BILLS

November 13, 2012 (amounts in mln euro)

1.- Amount Auctioned

2,125

2.- Total amount offered

2,765

3.- Coverage ratio

1.30

4.- Amount Accepted

2,762.5

5.- Uniform yield

3.95%

6.- Cut-off  price

99.694

7.- Cut – off ratio

100%