box 5 allotment of variable rate tenders in euro ( the example refers to bids quoted in the form of interest rates ) where  a  rs  n  a ( rs ) i  a ( rs )  total amount allotted sth interest rate bid by the counterparties total number of counterparties amount bid at the sth interest rate ( rs ) by the ith counterparty total amount bid at the sth interest rate ( rs ) aðrs þ = rm  marginal interest rate r1 ≥ rs ≥ rm for a liquidityproviding tender  rm ≥ rs ≥ r1 for a liquidityabsorbing tender rm  1  interest rate before the marginal interest rate ( last interest rate at which bids are completely satisfied )  rm  1 >rm for a liquidityproviding tender  rm >rm  1 for a liquidityabsorbing tender all ( rm )  all ( rs ) i  alli  percentage of allotment at the marginal interest rate allotment to the ith counterparty at the sth interest rate total amount allotted to the ith counterparty n x aðrs þi i 1⁄4 1