During the auction of EUR 375 mln of 13W T-Bills conducted today, the total bids reached EUR 718 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 January 9, 2020 (12 p.m local time).
Settlement date is January 10, 2020. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
13W T – BILLS |
January 8, 2020 (amounts in mln euro) |
November 6, 2019 (amounts in mln euro) |
1.Amount Auctioned |
375 |
375 |
2.Total amount offered |
718 |
1,209 |
3.Coverage ratio |
1.91 |
3.22 |
4.Amount Accepted |
487.5 |
487.5 |
5. Uniform yield |
-0.08% |
-0.08% |
6. Cut-off price |
100.022 |
100.021 |
7. Cut – off ratio |
83% |
38% |