During the auction of EUR 1,000 mln of 26W T-Bills conducted today, the total bids reached EUR 2,312 mln and the amount finally accepted was EUR 1,300 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until June 4, 2020 (12 p.m local time).
Settlement date is June 5, 2020. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
June 3, 2020 (amounts in mln euro) |
April 29, 2020 (amounts in mln euro) |
|
1.Amount Auctioned |
1,000 |
1,000 |
|
2.Total amount offered |
2,312 |
1,666 |
|
3.Coverage ratio |
2.31 |
1.67 |
|
4.Amount Accepted |
1,300 |
1,300 |
|
5. Uniform yield |
0.25% |
0.36% |
|
6. Cut-off price |
99.874 |
99.820 |
|
7. Cut – off ratio |
43% |
100% |
