During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 962 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 July 12, 2018 (12 p.m local time).
Settlement date is July 13, 2018. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
July 11, 2018 (amounts in mln euro) |
June 6, 2018 (amounts in mln euro) |
|
1.Amount Auctioned |
625 |
625 |
|
2.Total amount offered |
962 |
1,347 |
|
3.Coverage ratio |
1.54 |
2.16 |
|
4.Amount Accepted |
812.5 |
812.5 |
|
5. Uniform yield |
0.65% |
0.70% |
|
6. Cut-off price |
99.836 |
99.823 |
|
7. Cut – off ratio |
82% |
58% |
