6 Jun 2013
Spanish debt auction meets target
FXstreet.com (Barcelona) - The Spanish Tesoro Público held a debt auction on Thursday, during which it sold a total of 4.02 billion euro worth of 2-, 3- and 10-year bonds, exceeding the maximum target of 3-4 billion euros.
1.528 billion euros of 2-year bonds were auctioned at an average yield of 1.903%, compared with 2.28%% seen at the previous auction. 1.009 billion euros worth of 3-year bonds, were sold at an average yield of 2.706% versus the previous 2.44%. 1.487 billion of 10-year Obligaciones yielded 4.517% vs 4.612%.
1.528 billion euros of 2-year bonds were auctioned at an average yield of 1.903%, compared with 2.28%% seen at the previous auction. 1.009 billion euros worth of 3-year bonds, were sold at an average yield of 2.706% versus the previous 2.44%. 1.487 billion of 10-year Obligaciones yielded 4.517% vs 4.612%.