During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 3,322 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 July 10, 2014 (12 p.m local time).
Settlement date is July 11, 2014. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
July 8, 2014 (amounts in mln euro) |
June 10, 2014 (amounts in mln euro) |
|
1.-Amount Auctioned |
1,250 |
1,250 |
|
2.-Total amount offered |
3,322 |
3,369 |
|
3.-Coverage ratio |
2.66 |
2.70 |
|
4.-Amount Accepted |
1,625 |
1,625 |
|
5.- Uniform yield |
2.05% |
2.15% |
|
6.- Cut-off price |
98.975 |
98.925 |
|
7.- Cut – off ratio |
28% |
19.30% |
