• Spain auction results:

Market news

19 February 2013

Spain auction results:


Sold E4.001bln vs target E3.0-E4.0bln

Sold 3-month Letra at avg yield 0.421% (0.441%); Tail 2.4bp (1.9bp)

Sold 9-month Letra at avg yield 1.144%; Tail 2.1

E886mln 3-month Letra; bid-to-cover 5.76 vs 4.18 prev

E3.115bln 9-month Letra; bid-to-cover 2.31


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