During the auction of EUR 375 mln of 26W T-Bills conducted today, the total bids reached EUR 508 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 April 2, 2020 (12 p.m local time).
Settlement date is April 3, 2020. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
April 1, 2020 (amounts in mln euro) |
February 26, 2020 (amounts in mln euro) |
|
1.Amount Auctioned |
375 |
625 |
|
2.Total amount offered |
508 |
1,064 |
|
3.Coverage ratio |
1.35 |
1.70 |
|
4.Amount Accepted |
487.5 |
812.5 |
|
5. Uniform yield |
0.30% |
-0.05% |
|
6. Cut-off price |
99.850 |
100.025 |
|
7. Cut – off ratio |
84% |
36% |
