During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 1,755 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 April 12, 2018 (12 p.m local time).
Settlement date is April 13, 2018. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
April 11, 2018 (amounts in mln euro) |
March 7, 2018 (amounts in mln euro) |
|
1.Amount Auctioned |
625 |
1.000 |
|
2.Total amount offered |
1,755 |
1,557 |
|
3.Coverage ratio |
2.81 |
1.56 |
|
4.Amount Accepted |
812.5 |
1,300 |
|
5. Uniform yield |
0.79% |
1.05% |
|
6. Cut-off price |
99.801 |
99.735 |
|
7. Cut – off ratio |
60% |
81% |
