During the auction of EUR 625 mln of 52W T-Bills conducted today, the total bids reached EUR 1,195 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 9, 2023 (12 p.m local time).
Settlement date is March 10, 2023. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
52W T – BILLS |
March 8, 2023 (amounts in mln euro) |
December 7, 2022 (amounts in mln euro) |
1.Amount Auctioned |
625 |
375 |
2.Total amount offered |
1,195 |
1,047 |
3.Coverage ratio |
1.91 |
2.79 |
4.Amount Accepted |
812.5 |
487.5 |
5. Uniform yield |
3.75% |
2.73% |
6. Cut-off price |
96.346 |
97.310 |
7. Cut – off ratio |
48% |
99% |