The public debt management agency (ODDIH) has announced that during the auction of 875 million euros worth of three-month treasury bills that was conducted on Wednesday, the total bids amounted to 1.138 billion euros and the amount finally accepted 1.137 billion euros.
Additionally the statement noted that Primary Dealers can submit non-competitive bids up to 30% of the amount initially auctioned until noon on Thursday 10 November. The final settlement date is Friday 11 November.
The results of the auction are as follows:
A U C T I O N | Today | Previous |
13W T – BILLS | November 9, 2016 (amounts in mln euro) | October 12, 2016 (amounts in mln euro) |
1.Amount Auctioned | 875 | 625 |
2.Total amount offered | 1,138 | 813 |
3.Coverage ratio | 1.30 | 1.30 |
4.Amount Accepted | 1,137.5 | 812.5 |
5. Uniform yield | 2.70% | 2.70% |
6. Cut-off price | 99.322 | 99.322 |
7. Cut – off ratio | 100% | 100% |
