The public debt management agency ODDIH has announced that during the auction of one billion euros worth of three-month T-Bills conducted today, the total bids reached and amount finally accepted was1.3 billion euros.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until noon on Thursday, the 10th of September 2015, while the settlement date is September 11, 2015.
The results of the auction are as follows:
13W T – BILLS | September 9, 2015 (amounts in bln euro) | August 12, 2015 (amounts in bln euro) |
1.-Amount Auctioned | 1,000 | 875 |
2.-Total amount offered | 1.3 | 1.138 |
3.-Coverage ratio | 1.30 | 1.30 |
4.-Amount Accepted | 1.3 | 1.137,5 |
5.- Uniform yield | 2.70% | 2.70% |
6.- Cut-off price | 99.322 | 99.322 |
7.- Cut – off ratio | 100% | 100% |
