During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 2,213 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 April 4, 2019 (12 p.m local time).
Settlement date is April 5, 2019. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
26W T – BILLS |
April 3 , 2019 (amounts in mln euro) |
February 27, 2019 (amounts in mln euro) |
1.Amount Auctioned |
875 |
875 |
2.Total amount offered |
2,213 |
1,777 |
3.Coverage ratio |
2.53 |
2.03 |
4.Amount Accepted |
1,137.5 |
1,137.5 |
5. Uniform yield |
0.58% |
0.72% |
6. Cut-off price |
99.708 |
99.638 |
7. Cut – off ratio |
69% |
72% |