2 IN. DI LETTURA
MADRID, 3 dicembre (Reuters) - Spain announced the following results at Thursday's Treasury bond auction BANCN.
It sold 3.22 billion euros worth of 2013, 2.30 percent coupon bonds.
The Treasury had expected to sell between 3 and 4 bln euros of the debt.
Following are the details of the bond sale.
Issue: 2013 BOND
Coupon: 2.30 PCT
AUCTION DATE Dec 03, 2009
ISSUE MATURITY Dec, 2013
COUPON (pct) 2.30
HIGHEST YIELD (pct) 2.151
AVERAGE YIELD (pct) 2.138
AVERAGE PRICE 100.522
TOTAL BIDS (mln) 5,536
ALLOTTED (mln) 3,220
BID/COVER RATIO 1.72
For full details, click on the Treasury page TESORESP07 and Bank of Spain page BANCN.
NOTE: The Bank of Spain earlier erroneously reported that it had sold 2.1 billion euros of the bonds at an interest rate of 3.22 percent and a bid-to-cover ratio of 2.57.