During the auction of EUR 1,250 mln of 13W T-Bills conducted today, the total bids reached EUR 2,650 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 July 19, 2012 (12 p.m local time)
Settlement date is July 20, 2012. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
13W T – BILLS |
July 17, 2012 (amounts in mln euro) |
June 19, 2012 (amounts in mln euro) |
|
1.- Amount Auctioned |
1,250 |
1,000 |
|
2.- Total amount offered |
2,650 |
2,188 |
|
3.- Coverage ratio |
2.12 |
2.19 |
|
4.- Amount Accepted |
1,625 |
1,300 |
|
5.- Uniform yield |
4.28% |
4.31% |
|
6.- Cut-off price |
98.930 |
98.922 |
|
7.- Cut – off ratio |
100% |
100% |
