Spain sells 4.3 billion euros in T-bills at auction

MADRID: Spain announced the following results at Tuesday's Treasury bill auction.

(Amounts bid, allocated in millions of euros) ISSUE

YIELD  PREVIOUS PRICE  PREVIOUS  BID  ALLOCATED 6-month  -0.372 -0.428  100.189 100.209  2,780 550 12-month -0.307 -0.333  100.312 100.337  7,932 3,700

The bid-to-cover ratio on the 6-month bill was 5.1 versus 5.0 at the last auction.

The bid-to-cover ratio on the 12-month bill was 2.1 versus 3.0 at the last auction.