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.
Categories: General News