During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 1,070 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, 2018 (12 p.m local time).

Settlement date is August 10, 2018.  The results of the auction are as follows:

 

 

AUCTION   RESULTS

 

A U C T I O N

Today

Previous

13W T – BILLS

August 8, 2018

 (amounts in mln euro)

July 11, 2018

 (amounts in mln euro)

1.Amount Auctioned

625

625

2.Total amount offered

1,070

962

3.Coverage ratio

1.71

1.54

4.Amount Accepted

812.5

812.5

5. Uniform yield

0.65%

0.65%

6. Cut-off  price

99.836

99.836

7. Cut – off ratio

77%

82%