Spain sold a total of Euro’s 6.03 bln in today’s Tesoro auctions
Sold Euro 2.451 bln 3.15% Jan 2016 cover 1.99 agst prev 2.83, yield 4.023% vs 5.276%
Sold 2.177 bln 4.00% Mar 2020, cover 1.52 agst prev 2.0, yield 5.201% vs 5.006%
Sold 1.04bln 5.5% Apr 2021, cover 2,16 agst prev 1.76, yield 5.545% vs 5.433%
A strong auction with sales well exceeeding the 2.5-3.5 bln euros estimated
