During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 1,025 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 October 12, 2017 (12 p.m local time).
Settlement date is October 13, 2017. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
October 11, 2017 (amounts in mln euro) |
September 13, 2017 (amounts in mln euro) |
|
1.Amount Auctioned |
625 |
1,000 |
|
2.Total amount offered |
1,025 |
1,362 |
|
3.Coverage ratio |
1.64 |
1.36 |
|
4.Amount Accepted |
812.5 |
1,300 |
|
5. Uniform yield |
1.85% |
1.91% |
|
6. Cut-off price |
99.535 |
99.520 |
|
7. Cut – off ratio |
54% |
90% |
