During the auction of EUR 625 mln of 13W T-Bills conducted today, the total bids reached EUR 1,159 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 November 2, 2023 (12 p.m. local time).
Settlement date is November 3, 2023. The results of the auction are as follows:
AUCTION RESULTS
| A U C T I O N | Today | Previous |
| 13W T – BILLS | November 1, 2023
(amounts in mln euro) |
October 4, 2023
(amounts in mln euro) |
| 1.Amount Auctioned | 625 | 625 |
| 2.Total amount offered | 1,159 | 1,014 |
| 3.Coverage ratio | 1.85 | 1.62 |
| 4.Amount Accepted | 812.5 | 812.5 |
| 5. Uniform yield | 3.88% | 3.90% |
| 6. Cut-off price | 99.028 | 99.025 |
| 7. Cut – off ratio | 8% | 81% |