During the auction of EUR 875 mln of 26W 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 March 3, 2016 (12 p.m local time).
Settlement date is March 4, 2016. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
March 2, 2016 (amounts in mln euro) |
February 3, 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 |
2.97% |
2.97% |
|
6.- Cut-off price |
98.521 |
98.521 |
|
7.- Cut – off ratio |
100% |
100% |
