During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,567 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 August 1, 2019 (12 p.m local time).
Settlement date is August 2, 2019. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
26W T – BILLS |
July 31, 2019 (amounts in mln euro) |
July 3, 2019 (amounts in mln euro) |
1.Amount Auctioned |
625 |
1,250 |
2.Total amount offered |
1,567 |
2,009 |
3.Coverage ratio |
2.51 |
1.61 |
4.Amount Accepted |
812.5 |
1,625 |
5. Uniform yield |
0.15% |
0.23% |
6. Cut-off price |
99.924 |
99.884 |
7. Cut – off ratio |
75% |
65% |