Thursday, June 7, 2012

7/6/2012: Spanish auction

Spanish auction results:
Sold €2.07bn of debt - above target of '€1-2 billion'
10-year bonds at average yield of 6.04%, bid-to-cover ratio of 3.29 up on previous auction cover of 2.56.
New issue close to secondary yields of 6.14%
Crunchy.


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