During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 1,716 mln and the amount finally accepted was EUR 1,300 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until December 7, 2017 (12 p.m local time).
Settlement date is December 8, 2017. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
December 6, 2017 (amounts in mln euro) |
November 8, 2017 (amounts in mln euro) |
|
1.Amount Auctioned |
1,000 |
875 |
|
2.Total amount offered |
1,716 |
1,588 |
|
3.Coverage ratio |
1.72 |
1.81 |
|
4.Amount Accepted |
1,300 |
1,137.5 |
|
5. Uniform yield |
1.75% |
1.80% |
|
6. Cut-off price |
99.560 |
99.547 |
|
7. Cut – off ratio |
5% |
28% |
