During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 1,138 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 April 9, 2015 (12 p.m local time).

Settlement date is April 14, 2015.  The results of the auction are as follows:

 

 

AUCTION   RESULTS

 

A U C T I O N

Today

Previous

26W T – BILLS

April 8, 2015

 (amounts in mln euro)

March 4, 2015

 (amounts in mln euro)

1.-Amount Auctioned

875

875

2.-Total amount offered

1,138

1,138

3.-Coverage ratio

1.30

1.30

4.-Amount Accepted

1,137.5

1,137.5

5.- Uniform yield

2.97%

2.97%

6.- Cut-off  price

98.553

98.521

7.- Cut – off ratio

100%

100%