During the auction of EUR 875 mln of 13W T-Bills conducted today, the total bids reached EUR 1,907 mln and the amount finally accepted was EUR 1,137.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until May 10, 2018 (12 p.m local time).
Settlement date is May 11, 2018. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
May 9, 2018 (amounts in mln euro) |
April 11, 2018 (amounts in mln euro) |
|
1.Amount Auctioned |
875 |
625 |
|
2.Total amount offered |
1,907 |
1,755 |
|
3.Coverage ratio |
2.18 |
2.81 |
|
4.Amount Accepted |
1,137.5 |
812.5 |
|
5. Uniform yield |
0.59% |
0.79% |
|
6. Cut-off price |
99.850 |
99.801 |
|
7. Cut – off ratio |
38% |
60% |
