During the auction of EUR 625 mln of 52W T-Bills conducted today, the total bids reached EUR 1,421 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 June 13, 2019 (12 p.m local time).
Settlement date is June 14, 2019. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
52W T – BILLS |
June 12, 2019 (amounts in mln euro) |
March 13, 2019 (amounts in mln euro) |
1.Amount Auctioned |
625 |
625 |
2.Total amount offered |
1,421 |
1,194 |
3.Coverage ratio |
2.27 |
1.91 |
4.Amount Accepted |
812.5 |
812.5 |
5. Uniform yield |
0.47% |
0.95% |
6. Cut-off price |
99.530 |
99.050 |
7. Cut – off ratio |
87% |
41% |