During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 1,523 mln and the amount finally accepted was EUR 1,137.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until November 2, 2017 (12 p.m local time).
Settlement date is November 3, 2017. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
26W T – BILLS |
November 1, 2017 (amounts in mln euro) |
October 4, 2017 (amounts in mln euro) |
1.Amount Auctioned |
875 |
875 |
2.Total amount offered |
1,523 |
1,261 |
3.Coverage ratio |
1.74 |
1.44 |
4.Amount Accepted |
1,137.5 |
1,137.5 |
5. Uniform yield |
2.30% |
2.35% |
6. Cut-off price |
98.850 |
98.800 |
7. Cut – off ratio |
50% |
78% |