The public debt management agency (ODDIH) has announced that an auction of 26-week treasury bills with a value of 625 million euros was carried out on Wednesday.
According to the official statement, the total bids reached amounted to 813 million euros and the amount finally accepted was 812.5 million euros.
Primary Dealers may additionally submit non-competitive bids up to 30% of the amount initially auctioned until noon on Thursday 4 August. The final settlement date is August 5, 2016.
The results of the auction are as follows:
AUCTION RESULTS
A U C T I O N | Today | Previous |
26W T – BILLS | August 3, 2016 (amounts in mln euro) | July 6, 2016 (amounts in mln euro) |
1.Amount Auctioned | 625 | 1,250 |
2.Total amount offered | 813 | 1,625 |
3.Coverage ratio | 1.30 | 1.30 |
4.Amount Accepted | 812.5 | 1,625 |
5. Uniform yield | 2.97% | 2.97% |
6. Cut-off price | 98.521 | 98.497 |
7. Cut – off ratio | 100% | 100% |
