During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 2,352 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 April 5, 2018 (12 p.m local time).
Settlement date is April 10, 2018. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
April 4, 2018 (amounts in mln euro) |
February 28, 2018 (amounts in mln euro) |
|
1.Amount Auctioned |
875 |
875 |
|
2.Total amount offered |
2,352 |
1,587 |
|
3.Coverage ratio |
2.69 |
1.81 |
|
4.Amount Accepted |
1,137.5 |
1,137.5 |
|
5. Uniform yield |
1.07% |
1.19% |
|
6. Cut-off price |
99.475 |
99.400 |
|
7. Cut – off ratio |
39% |
47% |
