During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 1,735 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 January 3, 2019 (12 p.m local time).
Settlement date is January 4, 2019. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
26W T – BILLS |
January 2, 2019 (amounts in mln euro) |
December 5, 2018 (amounts in mln euro) |
1.Amount Auctioned |
1,250 |
1,250 |
2.Total amount offered |
1,735 |
1,660 |
3.Coverage ratio |
1.39 |
1.33 |
4.Amount Accepted |
1,625 |
1,625 |
5. Uniform yield |
0.90% |
0.90% |
6. Cut-off price |
99.547 |
99.547 |
7. Cut – off ratio |
97% |
96% |