
The recent auction of 26-week treasury bills attracted strong interest, with total bids reaching €1.018 billion—more than double the €500 million on offer, reflecting an oversubscription of 2.04 times. The yield for this auction was set at 2.10%, a decrease from 2.19% in the same auction last year (dated February 19).
As reported by the Public Debt Management Agency (PDMA), the auction was conducted through Primary Dealers, with settlement scheduled for Friday, March 28, 2025. The accepted bids included the full auction amount plus non-competitive bids totaling €100 million. It is important to note that there will be no supplementary non-competitive bids accepted on Thursday, March 27, 2025, and no commission fees are applicable during the auctions.