During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,287 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 September 28, 2023 (12 p.m local time).

Settlement date is September 29, 2023. The results of the auction are as follows:

AUCTION   RESULTS

 

 

A U C T I O N

Today

Previous

26W T – BILLS

September 27, 2023

 (amounts in mln euro)

August 23, 2023

 (amounts in mln euro)

1.Amount Auctioned

625

625

2.Total amount offered

1,287

1,190

3.Coverage ratio

2.06

1.90

4.Amount Accepted

812.5

812.5

5. Uniform yield

3.90%

3.83%

6. Cut-off  price

98.066

98.100

7. Cut – off ratio

16%

40%