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%