During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,320 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 December 5, 2019 (12 p.m local time).
Settlement date is December 6, 2019. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
December 4, 2019 (amounts in mln euro) |
October 30, 2019 (amounts in mln euro) |
|
1.Amount Auctioned |
625 |
625 |
|
2.Total amount offered |
1,320 |
1,802 |
|
3.Coverage ratio |
2.11 |
2.88 |
|
4.Amount Accepted |
812.5 |
812.5 |
|
5. Uniform yield |
-0.02% |
0.00% |
|
6. Cut-off price |
100.011 |
100.000 |
|
7. Cut – off ratio |
30% |
63% |
