During the auction of EUR 375 mln of 52W T-Bills conducted today, the total bids reached EUR 923 mln and the amount finally accepted was EUR 487.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until December 9, 2021 (12 p.m local time).
Settlement date is December 10, 2021. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
52W T – BILLS |
December 8, 2021 (amounts in mln euro) |
September 8, 2021 (amounts in mln euro) |
1.Amount Auctioned |
375 |
625 |
2.Total amount offered |
923 |
1,018 |
3.Coverage ratio |
2.46 |
1.63 |
4.Amount Accepted |
487.5 |
812.5 |
5. Uniform yield |
-0.40% |
-0.31% |
6. Cut-off price |
100.406 |
100.314 |
7. Cut – off ratio |
18% |
58% |