AUCTION RESULTS OF 13W T - BILLS

During the auction of EUR 1,250 mln of 13W T-Bills conducted today, the total bids reached EUR 3,075 mln and the amount finally accepted was EUR 1,625 mln.

On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until April 19, 2012 (12 p.m   local time)

Settlement date is April 20, 2012. 

The results of the auction are as follows:

AUCTION   RESULTS

 

A U C T I O N

Today

Previous

13W T – BILLS

April 17, 2012 (amounts in mln euro)

March 20, 2012 (amounts in mln euro)

1.- Amount Auctioned

1,250

1,000

2.- Total amount offered

3,075

2,688

3.- Coverage ratio

2.46

2.69

4.- Amount Accepted

1,625

1,300

5.- Uniform yield

4.20%

4.25%

6.- Cut-off  price

98.949

98.937

7.- Cut – off ratio

100%

100%