AUCTION RESULTS OF 26W T - BILLS

During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 2,669 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 June 14, 2012 (12 p.m local time).

Settlement date is June 15, 2012.  The results of the auction are as follows:

 

 

AUCTION   RESULTS

 

A U C T I O N

Today

Previous

26W T – BILLS

June 12, 2012

 (amounts in mln euro)

May 8, 2012

 (amounts in mln euro)

1.-Amount Auctioned

1,250

1,000

2.-Total amount offered

2,669

2,603

3.-Coverage ratio

2.14

2.60

4.-Amount Accepted

1,625

1,300

5.- Uniform yield

4.73%

4.69%

6.- Cut-off  price

97.664

97.684

7.- Cut – off ratio

100.00%

100.00%