During the auction of EUR 875 mln of 13W T-Bills conducted today, the total bids reached EUR 1,407 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 May 11, 2017 (12 p.m local time).
Settlement date is May 12, 2017. The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N |
Today |
Previous |
13W T – BILLS |
May 10, 2017 (amounts in mln euro) |
April 12, 2017 (amounts in mln euro) |
1.Amount Auctioned |
875 |
625 |
2.Total amount offered |
1,407 |
813 |
3.Coverage ratio |
1,61 |
1,30 |
4.Amount Accepted |
1,137.5 |
812.5 |
5. Uniform yield |
2.70% |
2.70% |
6. Cut-off price |
99.322 |
99.352 |
7. Cut – off ratio |
68.7% |
100% |