During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 1,660 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 December 6, 2018 (12 p.m local time).

Settlement date is December 7, 2018. The results of the auction are as follows:

 

 

AUCTION   RESULTS

 

A U C T I O N

Today

Previous

26W T – BILLS

        December 5, 2018

 (amounts in mln euro)

        October 31, 2018

 (amounts in mln euro)

1.Amount Auctioned

1,250

875

2.Total amount offered

1,660

1,143

3.Coverage ratio

1.33

1.31

4.Amount Accepted

1,625

1,137.5

5. Uniform yield

0.90%

0.85%

6. Cut-off  price

99.547

99.573

7. Cut – off ratio

96%

100%