During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 1,218 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 August 31, 2017 (12 p.m local time).
Settlement date is September 1, 2017. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
26W T – BILLS |
August 30, 2017 (amounts in mln euro) |
August 2, 2017 (amounts in mln euro) |
1.Amount Auctioned |
875 |
625 |
2.Total amount offered |
1,218 |
1,163 |
3.Coverage ratio |
1.39 |
1.86 |
4.Amount Accepted |
1,137.5 |
812.5 |
5. Uniform yield |
2.40% |
2.50% |
6. Cut-off price |
98.801 |
98.752 |
7. Cut – off ratio |
100% |
49% |