During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,098 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 25, 2022 (12 p.m local time).
Settlement date is August 26, 2022. The results of the auction are as follows:
A U C T I O N |
Today |
Previous |
26W T – BILLS |
August 24, 2022 (amounts in mln euro) |
July 27, 2022 (amounts in mln euro) |
1.Amount Auctioned |
625 |
625 |
2.Total amount offered |
1,098 |
1,034 |
3.Coverage ratio |
1.76 |
1.65 |
4.Amount Accepted |
812.5 |
812.5 |
5. Uniform yield |
1.05% |
0.80% |
6. Cut-off price |
99.472 |
99.595 |
7. Cut – off ratio |
52% |
65% |