During the auction of EUR 400 mln of 26W T-Bills conducted today, the total bids reached EUR 718 mln and the amount finally accepted was EUR 500 mln.

No additional non-competitive bids will be accepted on December 24, 2025.

Settlement date is December 29, 2025.

The results of the auction are as follows:

AUCTION   RESULTS

A U C T I O N

Today

Previous

26W T – BILLS

December 23, 2025

 (amounts in mln euro)

November 26, 2025

 (amounts in mln euro)

1.Amount Auctioned

400

500

2.Total amount offered

718

921

3.Coverage ratio

1.80

1.84

4.Amount Accepted

500

600

5. Uniform yield

2.01%

1.78%

6. Cut-off  price

99.010

99.110

7. Cut – off ratio

8%

73%