During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,757 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 July 2, 2020 (12 p.m local time).
Settlement date is July 3, 2020. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
July 1, 2020 (amounts in mln euro) |
June 3, 2020 (amounts in mln euro) |
|
1.Amount Auctioned |
625 |
1,000 |
|
2.Total amount offered |
1,757 |
2,312 |
|
3.Coverage ratio |
2.81 |
2.31 |
|
4.Amount Accepted |
812.5 |
1,300 |
|
5. Uniform yield |
0.13% |
0.25% |
|
6. Cut-off price |
99.934 |
99.874 |
|
7. Cut – off ratio |
56% |
43% |
