An auction of 52-week interest-bearing bills, amounting to 375 million euros, was conducted today by ODDIH, with the yield reaching -0.40%.
Total bids amounting to 923 million Euros were submitted, which exceeded the requested amount by 2.46 times.
The auction was held through the Primary Dealers, and the settlement date is Friday, December 10, 2021.
Bids up to the amount of the auctioned amount were accepted, as well as non-competitive bids amounting to 112.5 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, December 9, 2021, at 12 p.m.
It is noted that no commission is paid during the auctions.
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Source From: Capital
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