During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,329 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 June 1, 2023 (12 p.m local time).
Settlement date is June 2, 2023. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
26W T – BILLS |
May 31, 2023 (amounts in mln euro) |
April 26, 2023 (amounts in mln euro) |
1.Amount Auctioned |
625 |
625 |
2.Total amount offered |
1,329 |
1,129 |
3.Coverage ratio |
2.13 |
1.81 |
4.Amount Accepted |
812.5 |
812.5 |
5. Uniform yield |
3.50% |
3.50% |
6. Cut-off price |
98.260 |
98.262 |
7. Cut – off ratio |
80% |
32% |