During the auction of EUR 625 mln of 52W T-Bills conducted today, the total bids reached EUR 1,986 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 March 15, 2018 (12 p.m local time).
Settlement date is March 16, 2018. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
|
52W T – BILLS |
March 14, 2018 (amounts in mln euro) |
|
1.Amount Auctioned |
625 |
|
2.Total amount offered |
1,986 |
|
3.Coverage ratio |
3.18 |
|
4.Amount Accepted |
812.5 |
|
5. Uniform yield |
1.25% |
|
6. Cut-off price |
98.752 |
|
7. Cut – off ratio |
52% |
