Tesoro sold E4.016bln vs target E3.0bln-E4.0bln

- E1.381bln of 4.10% July 2018 Obligacion, cover 2.15

- E1.118bln of 5.50% Apr 2021 Obligacion; cover 1.96

- E1.517bln of 4.40% Oct 2023 Obligacion; cover 1.84 vs 2.52

Tesoro releases further auction results:

- Sold 4.10% July 2018 Obligacion at avg yield 3.592%

- Sold 5.50% Apr 2021 Obligacion at avg yield 4.353%

- Sold 4.40% Oct 2023 Obligacion at avg yield 4.765% vs 4.517% Prev.

Tail calculations:

- 4.10% Jul 2018 Obligacion; 3.6bps

- 5.50% Apr 2021 Obligacion; 1.8bps

- 4.40% Oct 2023 Obligacion; 5.3bps vs 1.9bps prev