During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 1,625 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 December 10, 2015 (12 p.m local time).

Settlement date is December 11, 2015.  The results of the auction are as follows:

 

                                                                  AUCTION   RESULTS

 

A U C T I O N

Today

Previous

26W T – BILLS

December 9, 2015

 (amounts in mln euro)

November 4, 2015

 (amounts in mln euro)

1.-Amount Auctioned

1,250

875

2.-Total amount offered

1,625

1,138

3.-Coverage ratio

1.30

1.30

4.-Amount Accepted

1,625

1,137.5

5.- Uniform yield

2.97%

2.97%

6.- Cut-off  price

98.521

98.521

7.- Cut – off ratio

100%

100%