Sold a total of Eur4.938 bln in 12 and 18 mth Letra’s out of a targeted Eur 3.5-4.5 bln

Sold Eur4.225 bln of 22 Nov 2013 letra, yield 2.797% (from 2.823), cover 2.12 (from 2.71)

Sold Eur 0.713 bln of 16 Apr 2014 letra, yield 3.034 % (from 3.022), cover 5.72 (from 3.04)

Above target take up…

EUR’s steady around 1.2796