During the auction of EUR 875 mln of 26W T-Bills conducted today, the total bids reached EUR 1,777 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 February 28, 2019 (12 p.m local time).
Settlement date is March 1, 2019. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
February 27, 2019 (amounts in mln euro) |
January 30, 2019 (amounts in mln euro) |
|
1.Amount Auctioned |
875 |
625 |
|
2.Total amount offered |
1,777 |
1,340 |
|
3.Coverage ratio |
2.03 |
2.14 |
|
4.Amount Accepted |
1,137.5 |
812.5 |
|
5. Uniform yield |
0.72% |
0.75% |
|
6. Cut-off price |
99.638 |
99.622 |
|
7. Cut – off ratio |
72% |
11% |
