During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 2,218 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 January 4, 2018 (12 p.m local time).
Settlement date is January 5, 2018. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
January 3, 2018 (amounts in mln euro) |
December 6, 2017 (amounts in mln euro) |
|
1.Amount Auctioned |
1,250 |
1,250 |
|
2.Total amount offered |
2,218 |
2,534 |
|
3.Coverage ratio |
1.77 |
2.03 |
|
4.Amount Accepted |
1,625 |
1,625 |
|
5. Uniform yield |
1.65% |
1.95% |
|
6. Cut-off price |
99.172 |
99.025 |
|
7. Cut – off ratio |
81% |
70% |
