During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 1,100 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 9, 2019 (12 p.m local time).
Settlement date is May 10, 2019. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
13W T – BILLS |
May 8, 2019 (amounts in mln euro) |
April 10, 2019 (amounts in mln euro) |
1.Amount Auctioned |
625 |
625 |
2.Total amount offered |
1,100 |
1,410 |
3.Coverage ratio |
1.76 |
2.26 |
4.Amount Accepted |
812.5 |
812.5 |
5. Uniform yield |
0.34% |
0.35% |
6. Cut-off price |
99.915 |
99.912 |
7. Cut – off ratio |
40% |
67% |