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
Published Updated

(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.

Copyright Reuters, 2019