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 2,182 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 January 17, 2013 (12 p.m local time)

Settlement date is January 18, 2013.  The results of the auction are as follows:

 

                                                                     AUCTION   RESULTS

 

A U C T I O N

Today

Previous

13W T – BILLS

January 15, 2013 (amounts in mln euro)

December 18, 2012 (amounts in mln euro)

1.- Amount Auctioned

1,250

1,000

2.- Total amount offered

2,182

1,730

3.- Coverage ratio

1.75

1.73

4.- Amount Accepted

1,625

1,300

5.- Uniform yield

4.07%

4.11%

6.- Cut-off  price

98.982

98.972

7.- Cut – off ratio

100%

100%