At -0.20%, the yield in today’s auction of 13-week interest-bearing bills amounted to 625 million euros, as announced by ODDIH. In the previous auction at the beginning of February the yield was -0.42%.
Total bids of 853 million Euros were submitted, which exceeded the requested amount by 1.36 times. The auction was held through the Primary Dealers, and the settlement date is Friday, April 8, 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 7, 2022, at 12 p.m.
It is noted that no commission is paid during the auctions.
Source: Capital
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