2 IN. DI LETTURA
MADRID, May 22 (Reuters) - The Bank of Spain announced the following results at a 30-year bond auction on Thursday:
(Amounts bid, allocated are in millions of euros):
Auction date May 22 2008 March 27 2008
Issue maturity July 2040 January 2029
Coupon 4.9 pct 6.0 pct
Highest yield 4.924 pct 4.786 pct
Average yield 4.917 pct 4.772 pct
Average price 99.703 115.961
Total bids (mln euros) 2,330 1,556.74
Allotted (mln euros) 1,070 1,070.73
Bid-to-cover ratio 2.18 1.45
The Treasury had said it had expected to sell between 800 million and 1.1 billion euros of the bonds.
For full details, subscribers can click on the Treasury page TESORESP07 TESORESP09 TESORESP02 and Bank of Spain page BANCN.