AUCTION RESULTS OF 13W T - BILLS

During the auction of EUR 1,000 mln of 13W T-Bills conducted today, the total bids reached EUR 2,188 mln and the amount finally accepted was EUR 1,300 mln.

On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until June 21, 2012  (12 p.m   local time)

Settlement date is June 22, 2012. 

The results of the auction are as follows:

AUCTION   RESULTS

A U C T I O N

Today

Previous

13W T – BILLS

June 19, 2012 (amounts in mln euro)

May 15, 2012   (amounts in mln euro)

1.- Amount Auctioned

1,000

1,000

2.- Total amount offered

2,188

2,320

3.- Coverage ratio

2.19

2.32

4.- Amount Accepted

1,300

1,300

5.- Uniform yield

4.31%

4.34%

6.- Cut-off  price

98.922

98.914

7.- Cut – off ratio

100%

100%