During the auction of EUR 1,000 mln of 52W T-Bills conducted today, the total bids reached EUR 1,510 mln and the amount finally accepted was EUR 1,300 mln.

On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until June 8, 2023 (12 p.m local time).

Settlement date is June 9, 2023. The results of the auction are as follows:

 

 

AUCTION   RESULTS

A U C T I O N

Today

Previous

52W T – BILLS

June 7, 2023

 (amounts in mln euro)

March 8, 2023

 (amounts in mln euro)

1.Amount Auctioned

1,000

625

2.Total amount offered

1,510

1,195

3.Coverage ratio

1.51

1.91

4.Amount Accepted

1,300

812.5

5. Uniform yield

3.84%

3.75%

6. Cut-off  price

96.260

96.346

7. Cut – off ratio

11%

48%