During the auction of EUR 625 mln of 52W T-Bills conducted today, the total bids reached EUR 863 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 March 10, 2022 (12 p.m local time).
Settlement date is March 11, 2022. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
52W T – BILLS |
March 9, 2022 (amounts in mln euro) |
December 8, 2021 (amounts in mln euro) |
1.Amount Auctioned |
625 |
375 |
2.Total amount offered |
863 |
923 |
3.Coverage ratio |
1.38 |
2.46 |
4.Amount Accepted |
812.5 |
487.5 |
5. Uniform yield |
-0.23% |
-0.40% |
6. Cut-off price |
100.230 |
100.406 |
7. Cut – off ratio |
90% |
18% |