• SPAIN T-BILL AUCTION RESULTS

Market news

24 July 2012

SPAIN T-BILL AUCTION RESULTS

 

  • Sold E3.048bln vs target E2.0-E3.0bln

    -- E1.628bln 3-month T-bill; bid-to-cover 2.94 (2.6)

    -- E1.420bln 6-month T-bill; bid-to-cover 3.02 (2.82)

    Announce average yields:

    -- Sold 3-month T-bill at avg yield 2.434% vs 2.362% prev

    -- Sold 6-month T-bill at avg yield 3.691% vs 3.237% prev

    tail calculations:

    -- 11.6bps for 3-month Letra vs 13.8bps prev

    -- 25.9bps for 6-month Letra vs 13.2bps prev

 

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.