During the auction of EUR 375 mln of 26W T-Bills conducted today, the total bids reached EUR 956 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 June 29, 2023 (12 p.m local time).
Settlement date is June 30, 2023. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
June 28, 2023 (amounts in mln euro) |
May 31, 2023 (amounts in mln euro) |
|
1.Amount Auctioned |
375 |
625 |
|
2.Total amount offered |
956 |
1,329 |
|
3.Coverage ratio |
2.55 |
2.13 |
|
4.Amount Accepted |
487.5 |
812.5 |
|
5. Uniform yield |
3.65% |
3.50% |
|
6. Cut-off price |
98.188 |
98.260 |
|
7. Cut – off ratio |
73% |
80% |
