During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 1.344 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 October 8, 2020 (12 p.m local time).
Settlement date is October 9, 2020. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
13W T – BILLS |
October 7, 2020 (amounts in mln euro) |
August 5, 2020 (amounts in mln euro) |
1.Amount Auctioned |
625 |
625 |
2.Total amount offered |
1,344 |
1,390 |
3.Coverage ratio |
2.15 |
2.22 |
4.Amount Accepted |
812.5 |
812.5 |
5. Uniform yield |
-0.16% |
-0.04% |
6. Cut-off price |
100.040 |
100.010 |
7. Cut – off ratio |
82% |
20% |