During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 984 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 August 27, 2020 (12 p.m local time).
Settlement date is August 28, 2020. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
August 26, 2020 (amounts in mln euro) |
July 29, 2020 (amounts in mln euro) |
|
1.Amount Auctioned |
625 |
625 |
|
2.Total amount offered |
984 |
1,766 |
|
3.Coverage ratio |
1.57 |
2.83 |
|
4.Amount Accepted |
812.5 |
812.5 |
|
5. Uniform yield |
0,00% |
0.02% |
|
6. Cut-off price |
100 |
99.991 |
|
7. Cut – off ratio |
94% |
12% |
