YEILDS ON SPANISH BONDS RISE DURING AUCTION

Spain auctioned about EUR 3 b of medium term debt today and yields rose on the bonds. Spain auctioned around EUR 2.98 b worth of bonds, nearing its higher end of the auction.

Bonds due 2014 or 1 yr debt yielded at 5.204 percent vs 4.335 percent in the previous auction on 7 June. Bid to cover came in at 1.9 x vs 4.26 in the previous period.

5 yr debt had yields at 6.459 percent vs 6.072 percent in the previous auction on 21 June. Bid to cover came in at 2.06 vs 3.44 previously

7 yr debt yielded at 6.701 percent.

(Bloomberg)



Categories: General News

Tags: , , ,

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: