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%