During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 1,261 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 October 5, 2017 (12 p.m local time).
Settlement date is October 6, 2017. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
October 4, 2017 (amounts in mln euro) |
August 30, 2017 (amounts in mln euro) |
|
1.Amount Auctioned |
875 |
875 |
|
2.Total amount offered |
1,261 |
1,218 |
|
3.Coverage ratio |
1.44 |
1.39 |
|
4.Amount Accepted |
1,137.5 |
1,137.5 |
|
5. Uniform yield |
2.35% |
2.40% |
|
6. Cut-off price |
98.800 |
98.801 |
|
7. Cut – off ratio |
78% |
100% |
