During the auction of EUR 625 mln of 52W T-Bills conducted today, the total bids reached EUR 1,167 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 March 11, 2021 (12 p.m local time).
Settlement date is March 12, 2021. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
52W T – BILLS |
March 10, 2021 (amounts in mln euro) |
December 9, 2020 (amounts in mln euro) |
1.Amount Auctioned |
625 |
625 |
2.Total amount offered |
1,167 |
1,490 |
3.Coverage ratio |
1.87 |
2.38 |
4.Amount Accepted |
812.5 |
812.5 |
5. Uniform yield |
-0.22% |
-0.26% |
6. Cut-off price |
100.224 |
100.260 |
7. Cut – off ratio |
74% |
15% |