The public debt management agency (ODDIH) has announced that during the auction of 875 million euros worth of 6-month Treasury bills that was carried out on Wednesday, the total bids reached 1,138 million euros, with the final amount accepted accepting being 1,137.5 million euros.
Furthermore, the ODDIH statement notes that Primary Dealers can submit non-competitive bids up to 30% of the amount initially auctioned until noon on Thursday (September 1), while the final settlement date is Friday (September 2).
AUCTION RESULTS
| A U C T I O N | Today | Previous |
| 26W T – BILLS | August 31, 2016 (amounts in mln euro) | August 3, 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 | 2.97% | 2.97% |
| 6. Cut-off price | 98.521 | 98.521 |
| 7. Cut – off ratio | 100% | 100% |
