AUCTION RESULTS OF 26W T - BILLS

During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 2,697 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 July 12, 2012 (12 p.m local time).

Settlement date is July 13, 2012.  The results of the auction are as follows:

 

AUCTION   RESULTS

 

A U C T I O N

Today

Previous

26W T – BILLS

July 10, 2012

 (amounts in mln euro)

June 12, 2012

 (amounts in mln euro)

1.-Amount Auctioned

1,250

1,250

2.-Total amount offered

2,697

2,669

3.-Coverage ratio

2.16

2.14

4.-Amount Accepted

1,625

1,625

5.- Uniform yield

4.70%

4.73%

6.- Cut-off  price

97.679

97.664

7.- Cut – off ratio

100.00%

100.00%