During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 1,030 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 11, 2019 (12 p.m local time).
Settlement date is July 12, 2019. The results of the auction are as follows:
AUCTION RESULTS
| A U C T I O N | Today | Previous | 
| 13W T – BILLS | July 10, 2019 (amounts in mln euro) | May 8, 2019 (amounts in mln euro) | 
| 1.Amount Auctioned | 625 | 625 | 
| 2.Total amount offered | 1,030 | 1,100 | 
| 3.Coverage ratio | 1.65 | 1.76 | 
| 4.Amount Accepted | 812.5 | 812.5 | 
| 5. Uniform yield | 0.23% | 0.34% | 
| 6. Cut-off price | 99.942 | 99.915 | 
| 7. Cut – off ratio | 91% | 40% | 
 
                             
                                                             
                                                            