The yield in today’s auction of 26-week interest-bearing bills, amounting to 625 million Euros, amounted to -0.14%, as announced by ODDIH. In the previous auction on March 30 the yield was -0.20%.
Total bids amounting to 1,219 million Euros were submitted, which exceeded the requested amount by 1.95 times.
The auction was held through the Primary Dealers, and the settlement date is Friday, April 29, 2022.
Bids up to the amount of the auctioned amount were accepted, as well as non-competitive bids amounting to 187.5 million Euros.
According to the Rules of Operation of the Basic Market Negotiators, additional non-competitive bids of 30% of the auctioned amount can be submitted, until Thursday, April 28, 2022, at 12 p.m. It is noted that no commission is paid during the auctions.
Source: Capital
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