An auction of 13-week interest-bearing notes, amounting to 625 million euros, was conducted today, Wednesday, August 3, by the Public Debt Management Agency (PDMA).
As stated in the Agency‘s relevant announcement, the yield was set at 0.45%. Total bids of €1,074 million were submitted, exceeding the asking amount by 1.72 times.
The auction was conducted through Primary Dealers, and the settlement date is Friday, August 5, 2022.
Offers were accepted up to the set 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.
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