During the auction of EUR 375 mln of 13W T-Bills conducted today, the total bids reached EUR 1,018 mln and the amount finally accepted was EUR 487.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until October 10, 2019 (12 p.m local time).
Settlement date is October 11, 2019. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
October 9, 2019 (amounts in mln euro) |
August 7, 2019 (amounts in mln euro) |
|
1.Amount Auctioned |
375 |
625 |
|
2.Total amount offered |
1,018 |
993 |
|
3.Coverage ratio |
2.73 |
1.59 |
|
4.Amount Accepted |
487.5 |
812.5 |
|
5. Uniform yield |
-0.02% |
0.095% |
|
6. Cut-off price |
100.005 |
99.976 |
|
7. Cut – off ratio |
50% |
30% |
