During the auction of EUR 375 mln of 52W T-Bills conducted today, the total bids reached EUR 1,047 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 8, 2022 (12 p.m local time).
Settlement date is December 9, 2022. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
52W T – BILLS |
December 7, 2022 (amounts in mln euro) |
September 7, 2022 (amounts in mln euro) |
1.Amount Auctioned |
375 |
625 |
2.Total amount offered |
1,047 |
1,317 |
3.Coverage ratio |
2.79 |
2.11 |
4.Amount Accepted |
487.5 |
812.5 |
5. Uniform yield |
2.73% |
1.97% |
6. Cut-off price |
97.310 |
98.047 |
7. Cut – off ratio |
99% |
85% |