During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 813 mln and the amount finally accepted was EUR 812.5 mln.

On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until April 14, 2016 (12 p.m local time).

Settlement date is April 15, 2016.  The results of the auction are as follows:

 

AUCTION   RESULTS

 

A U C T I O N

Today

Previous

13W T – BILLS

April 13, 2016

 (amounts in mln euro)

March 16, 2016

 (amounts in mln euro)

1.Amount Auctioned

625

1,000

2.Total amount offered

813

1,300

3.Coverage ratio

1.30

1.30

4.Amount Accepted

812.5

1,300

5. Uniform yield

2.70%

2.70%

6. Cut-off  price

99.322

99.322

7. Cut – off ratio

100%

100%