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