During the auction of EUR 625 mln of 52W T-Bills conducted today, the total bids reached EUR 1,633 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 10, 2020 (12 p.m local time).
Settlement date is September 11, 2020. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
52W T – BILLS |
September 9, 2020 (amounts in mln euro) |
June 10, 2020 (amounts in mln euro) |
|
1.Amount Auctioned |
625 |
1.000 |
|
2.Total amount offered |
1,633 |
1,888 |
|
3.Coverage ratio |
2.61 |
1.89 |
|
4.Amount Accepted |
812.5 |
1,300 |
|
5. Uniform yield |
0.00% |
0.25% |
|
6. Cut-off price |
100 |
99.749 |
|
7. Cut – off ratio |
80% |
7% |
