21 Jan 2014
Decent demand at Spanish debt auction
FXstreet.com (Łódź) - The Spanish Tesoro Público held a debt auction on Tuesday during which it sold a total of 3.96 billion euros worth of 6- and 12- month Letras, approaching the maximum target of 4 billion euros.
1 billion euros of 6-month bonds were auctioned at an average yield of 0.510%, compared with 0.686% seen at the previous auction. 2.96 billion euros worth of 12-month bonds were sold at an average yield of 0.726% versus the previous 0.883%.
1 billion euros of 6-month bonds were auctioned at an average yield of 0.510%, compared with 0.686% seen at the previous auction. 2.96 billion euros worth of 12-month bonds were sold at an average yield of 0.726% versus the previous 0.883%.