During the auction of EUR 375 mln of 26W T-Bills conducted today, the total bids reached EUR 998 mln and the amount finally accepted was EUR 487.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until December 29, 2022 (12 p.m local time).
Settlement date is December 30, 2022. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
26W T – BILLS |
December 28, 2022 (amounts in mln euro) |
November 30, 2022 (amounts in mln euro) |
1.Amount Auctioned |
375 |
625 |
2.Total amount offered |
998 |
1,722 |
3.Coverage ratio |
2.66 |
2.76 |
4.Amount Accepted |
487.5 |
812.5 |
5. Uniform yield |
2.50% |
2.35% |
6. Cut-off price |
98.750 |
99.825 |
7. Cut – off ratio |
47% |
83% |