• Sold EUR 5.069 bln vs target 4-5bln
  • EUR 1.19 bln 6 month ave yield 0.53% bid to cover 3.8%
  • EUR 3.88 bln 12 month ave yield 1.24% bid to cover 2.04%

Good take up and encouraging lower yield than prev

EURUSD still 1.3043 after brief rally to 1.3052