During the auction of EUR 875 mln of 13W T-Bills conducted today, the total bids reached EUR 1,138 mln and the amount finally accepted was EUR 1,137.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until November 10, 2016 (12 p.m local time).
Settlement date is November 11, 2016. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
13W T – BILLS |
November 9, 2016 (amounts in mln euro) |
October 12, 2016 (amounts in mln euro) |
1.Amount Auctioned |
875 |
625 |
2.Total amount offered |
1,138 |
813 |
3.Coverage ratio |
1.30 |
1.30 |
4.Amount Accepted |
1,137.5 |
812.5 |
5. Uniform yield |
2.70% |
2.70% |
6. Cut-off price |
99.322 |
99.322 |
7. Cut – off ratio |
100% |
100% |