During the auction of EUR 625 mln of 52W T-Bills conducted today, the total bids reached EUR 996 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 September 12, 2019 (12 p.m local time).
Settlement date is September 13, 2019. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
52W T – BILLS |
September 11, 2019 (amounts in mln euro) |
June 12, 2019 (amounts in mln euro) |
|
1.Amount Auctioned |
625 |
625 |
|
2.Total amount offered |
996 |
1,421 |
|
3.Coverage ratio |
1.59 |
2.27 |
|
4.Amount Accepted |
812.5 |
812.5 |
|
5. Uniform yield |
0.29% |
0.47% |
|
6. Cut-off price |
99.705 |
99.530 |
|
7. Cut – off ratio |
36% |
87% |
