During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 1,347 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 June 7, 2018 (12 p.m local time).
Settlement date is June 8, 2018. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
June 6, 2018 (amounts in mln euro) |
May 9, 2018 (amounts in mln euro) |
|
1.Amount Auctioned |
625 |
875 |
|
2.Total amount offered |
1,347 |
1,907 |
|
3.Coverage ratio |
2.16 |
2.18 |
|
4.Amount Accepted |
812.5 |
1,137.5 |
|
5. Uniform yield |
0.70% |
0.59% |
|
6. Cut-off price |
99.823 |
99.850 |
|
7. Cut – off ratio |
58% |
38% |
