During the auction of EUR 375 mln of 52W T-Bills conducted today, the total bids reached EUR 758 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 7, 2023 (12 p.m local time).
Settlement date is December 8, 2023.
The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
52W T – BILLS |
December 6, 2023 (amounts in mln euro) |
September 6, 2023 (amounts in mln euro) |
1.Amount Auctioned |
375 |
625 |
2.Total amount offered |
758 |
1,553 |
3.Coverage ratio |
2.02 |
2.48 |
4.Amount Accepted |
487.5 |
812.5 |
5. Uniform yield |
3.70% |
3.81% |
6. Cut-off price |
96.390 |
96.290 |
7. Cut – off ratio |
80% |
69% |