An auction of 52-week interest-bearing bills worth 625 million Euros was held today.
The yield was -0.23%. Total bids of 863 million Euros were submitted, which exceeded the requested amount by 1.38 times.
The auction was held through the Primary Dealers, and the settlement date is Friday, March 11, 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, March 10, 2022, at 12 p.m.
It is noted that no commission is paid during the auctions.
Source: Capital
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