0.45% was the yield on today’s auction of 13-week interest-bearing notes, amounting to 625 million euros.
In the previous corresponding auction in early July, the yield was 0.20%.
Total bids of 1,074 million Euros were submitted, which exceeded the requested amount by 1.72 times, as announced by ODDIX.
The auction was conducted through Primary Dealers, and the settlement date is Friday, August 5, 2022.
Offers were accepted up to the amount of the auctioned amount, as well as non-competitive offers of €187.5 million. According to the Rules of Operation of the Main Market Dealers, additional non-competitive offers of 30% of the auctioned amount may be submitted until Thursday, August 4, 2022, at 12pm.
It is noted that no commission is paid during the auctions.
Source: Capital
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