During the auction of EUR 625 mln of 52W T-Bills conducted today, the total bids reached EUR 898 mln and the amount finally accepted was EUR 812.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until September 13, 2018 (12 p.m local time).
Settlement date is September 14, 2018. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
52W T – BILLS |
September 12, 2018 (amounts in mln euro) |
June 13, 2018 (amounts in mln euro) |
|
1.Amount Auctioned |
625 |
625 |
|
2.Total amount offered |
898 |
929 |
|
3.Coverage ratio |
1.44 |
1.49 |
|
4.Amount Accepted |
812.5 |
812.5 |
|
5. Uniform yield |
1.09% |
1.09% |
|
6. Cut-off price |
98.910 |
98.910 |
|
7. Cut – off ratio |
98% |
60% |
