During the auction of EUR 375 mln of 13W T-Bills conducted today, the total bids reached EUR 1,209 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 November 7, 2019 (12 p.m local time).

Settlement date is November 8, 2019.  The results of the auction are as follows:

 

 

AUCTION   RESULTS

 

A U C T I O N

Today

Previous

13W T – BILLS

November 6, 2019

 (amounts in mln euro)

October 9, 2019

 (amounts in mln euro)

1.Amount Auctioned

375

375

2.Total amount offered

1,209

1,018

3.Coverage ratio

3.22

2.73

4.Amount Accepted

487.5

487.5

5. Uniform yield

-0.08%

-0.02%

6. Cut-off  price

100.021

100.005

7. Cut – off ratio

38%

50%