During the auction of EUR 375 mln of 52W T-Bills conducted today, the total bids reached EUR 694 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 March 12, 2020 (12 p.m local time).
Settlement date is March 13, 2020. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
52W T – BILLS |
March 11, 2019 (amounts in mln euro) |
December 11, 2019 (amounts in mln euro) |
|
1.Amount Auctioned |
375 |
625 |
|
2.Total amount offered |
694 |
1,130 |
|
3.Coverage ratio |
1.85 |
1.81 |
|
4.Amount Accepted |
487.5 |
812.5 |
|
5. Uniform yield |
0.24% |
0.07% |
|
6. Cut-off price |
99.758 |
99.930 |
|
7. Cut – off ratio |
9% |
72% |
