During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 1,279 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 May 4, 2023 (12 p.m. local time).
Settlement date is May 5, 2023. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
13W T – BILLS |
May 3, 2023 (amounts in mln euro) |
April 5, 2023 (amounts in mln euro) |
1.Amount Auctioned |
625 |
625 |
2.Total amount offered |
1,279 |
1,372 |
3.Coverage ratio |
2.05 |
2.20 |
4.Amount Accepted |
812.5 |
812.5 |
5. Uniform yield |
3.20% |
3.04% |
6. Cut-off price |
99.198 |
99.271 |
7. Cut – off ratio |
4% |
38% |