Spanish auction result.. Sold a total of Eur 2.024 bln of 2015, 2017 and 2040 bonds

Author: Pete Jackson | Category: News

Author: Pete Jackson

Just over and above the  targeted Eur 1-2 bln

Sold:-

Eur 681 mln of Oct 2015 BONO, cover 4.8 (from 2.0), yield 3.358%  (from 3.39%)

Eur  803 mln of July 2017 Obligacione, cover 3.1 (from 2.6), yield 4.20% (from 4.766%)

Eur 540 mln of July 2040 Obligacione, cover 2.1, yield 5.893% (from 4.738%)

(Bloomberg)

Improved yields for the 2015, 2017, strong cover and an above target take up..

EUR’s steady around 1.3062