During the auction of EUR 625 mln of 26W T-Bills conducted today, the total bids reached EUR 1,103 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 October 26, 2023 (12 p.m local time).
Settlement date is October 27, 2023. The results of the auction are as follows:
AUCTION RESULTS
| A U C T I O N | Today | Previous |
| 26W T – BILLS | October 25, 2023
(amounts in mln euro) |
September 27, 2023
(amounts in mln euro) |
| 1.Amount Auctioned | 625 | 625 |
| 2.Total amount offered | 1,103 | 1,287 |
| 3.Coverage ratio | 1.76 | 2.06 |
| 4.Amount Accepted | 812.5 | 812.5 |
| 5. Uniform yield | 3.92% | 3.90% |
| 6. Cut-off price | 98.057 | 98.066 |
| 7. Cut – off ratio | 68% | 16% |