The public debt management agency (ODDIH) has announced that during the auction of 1 billion euros worth of 13-week Treasury Bills conducted, which was carried out on Wendesday, the total bids reached amounted to 1.3 billion euros, which was also the amount finally accepted.
On top of that, Primary Dealers can additionally submit non-competitive bids up to 30% of the amount initially auctioned until June 16, 2016 (12 p.m local time). The final settlement date is June 17, 2016. The results of the auction are as follows:
AUCTION RESULTS
| A U C T I O N | Today | Previous |
| 13W T – BILLS | June 15, 2016 (amounts in mln euro) | June 8, 2016 (amounts in mln euro) |
| 1.-Amount Auctioned | 1,000 | 1,000 |
| 2.-Total amount offered | 1,300 | 1,300 |
| 3.-Coverage ratio | 1.30 | 1.30 |
| 4.-Amount Accepted | 1,300 | 1,300 |
| 5.- Uniform yield | 2.70% | 2.70% |
| 6.- Cut-off price | 99.322 | 99.322 |
| 7.- Cut – off ratio | 100% | 100% |
