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%