During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 1.893 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 July 9, 2020 (12 p.m local time).
Settlement date is July 10, 2020. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
July 8, 2020 (amounts in mln euro) |
May 6, 2020 (amounts in mln euro) |
|
1.Amount Auctioned |
625 |
625 |
|
2.Total amount offered |
1,893 |
1,152 |
|
3.Coverage ratio |
3.03 |
1.84 |
|
4.Amount Accepted |
812.5 |
812.5 |
|
5. Uniform yield |
0.01% |
0.28% |
|
6. Cut-off price |
99.997 |
99.930 |
|
7. Cut – off ratio |
42% |
96% |
