During the auction of EUR 1,250 mln of 26W T-Bills conducted today, the total bids reached EUR 1,625 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 December 8, 2016 (12 p.m local time).
Settlement date is December 9, 2016. The results of the auction are as follows:
AUCTION RESULTS
|
A U C T I O N |
Today |
Previous |
|
26W T – BILLS |
December 7, 2016 (amounts in mln euro) |
November 2, 2016 (amounts in mln euro) |
|
1.Amount Auctioned |
1,250 |
875 |
|
2.Total amount offered |
1,625 |
1,138 |
|
3.Coverage ratio |
1.30 |
1.30 |
|
4.Amount Accepted |
1,625 |
1,137.5 |
|
5. Uniform yield |
2.97% |
2.97% |
|
6. Cut-off price |
98.521 |
98.521 |
|
7. Cut – off ratio |
100% |
100% |
