During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 1,625 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 7, 216 (12 p.m local time).

Settlement date is July 8, 2016.  The results of the auction are as follows:

 

 

AUCTION   RESULTS

 

A U C T I O N

Today

Previous

26W T – BILLS

July 6, 2016

 (amounts in mln euro)

June 8, 2016

 (amounts in mln euro)

1.Amount Auctioned

1,250

1,250

2.Total amount offered

1,625

1,625

3.Coverage ratio

1.30

1.30

4.Amount Accepted

1,625

1,625

5. Uniform yield

2.97%

2.97%

6. Cut-off  price

98.497

98.521

7. Cut – off ratio

100%

100%