During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,288 mln and the amount finally accepted was EUR 812.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until August 9, 2012 (12 p.m local time).
Settlement date is August 10, 2012. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
August 7, 2012 (amounts in mln euro) |
July 10, 2012 (amounts in mln euro) |
|
1.-Amount Auctioned |
625 |
1,250 |
|
2.-Total amount offered |
1,288 |
2,697 |
|
3.-Coverage ratio |
2.06 |
2.16 |
|
4.-Amount Accepted |
812.5 |
1,625 |
|
5.- Uniform yield |
4.68% |
4.70% |
|
6.- Cut-off price |
97.688 |
97.679 |
|
7.- Cut – off ratio |
100.00% |
100.00% |
