During the auction of EUR 375 mln of 13W T-Bills conducted today, the total bids reached EUR 743 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 April 9, 2020 (12 p.m local time).
Settlement date is April 14, 2020. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
April 8, 2020 (amounts in mln euro) |
February 5, 2020 (amounts in mln euro) |
|
1.Amount Auctioned |
375 |
375 |
|
2.Total amount offered |
743 |
753 |
|
3.Coverage ratio |
1.98 |
2.01 |
|
4.Amount Accepted |
487.5 |
487.5 |
|
5. Uniform yield |
0.29% |
-0.10% |
|
6. Cut-off price |
99.930 |
100.026 |
|
7. Cut – off ratio |
29% |
16% |
