Business & Finance
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
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.
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