During the auction of EUR 375 mln of 13W T-Bills conducted today, the total bids reached EUR 753 mln and the amount finally accepted was EUR 487.5 mln.

On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until February 6, 2020 (12 p.m local time).

Settlement date is February 7, 2020.  The results of the auction are as follows:

 

 

AUCTION   RESULTS

 

A U C T I O N

Today

Previous

13W T – BILLS

February 5, 2020

 (amounts in mln euro)

January 8, 2020

 (amounts in mln euro)

1.Amount Auctioned

375

375

2.Total amount offered

753

718

3.Coverage ratio

2.01

1.91

4.Amount Accepted

487.5

487.5

5. Uniform yield

-0.10%

-0.08%

6. Cut-off  price

100.026

100.022

7. Cut – off ratio

16%

83%