The public debt management agency ODDIH has announced that during the auction of 875 million euros worth of six-month Treasury Bills conducted today, the total bids reached and amount finally accepted was 1.137 billion euros.
Furthermore, it was announced that Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until noon on October 8, 2015. Settlement date is October 9, 2015. The results of the auction are as follows:
AUCTION RESULTS
| A U C T I O N | Today | Previous |
| 26W T – BILLS | October 7, 2015 (in mln euros) | September 2, 2015 (in mln euros) |
| 1.-Amount Auctioned | 875 | 875 |
| 2.-Total amount offered | 1,138 | 1,138 |
| 3.-Coverage ratio | 1.30 | 1.30 |
| 4.-Amount Accepted | 1,137.5 | 1,137.5 |
| 5.- Uniform yield | 2.97% | 2.97% |
| 6.- Cut-off price | 98.521 | 98.521 |
| 7.- Cut – off ratio | 100% | 100% |