During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 514 mln and the amount finally accepted was EUR 487.5 mln.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until December 28, 2023 (12 p.m local time).
Settlement date is December 29, 2023. The results of the auction are as follows:
AUCTION RESULTS
| A U C T I O N | Today | Previous |
| 26W T – BILLS | December 27, 2023
(amounts in mln euro) |
November 29, 2023
(amounts in mln euro) |
| 1.Amount Auctioned | 375 | 625 |
| 2.Total amount offered | 514 | 955 |
| 3.Coverage ratio | 1.37 | 1.53 |
| 4.Amount Accepted | 487.5 | 812.5 |
| 5. Uniform yield | 3.87% | 3.84% |
| 6. Cut-off price | 98.080 | 98.095 |
| 7. Cut – off ratio | 98% | 75% |