MADRID, Jan 21 (Reuters) - Spain announced the following results at Thursday's Treasury bond auction BANCN.
It sold 1.26 billion euros worth of 2029, 6 percent coupon bonds.
The Treasury had expected to sell between 1 and 2 bln euros of the debt.
Following are the details of the bond sale.
AUCTION DATE JAN 21, 2010
ISSUE MATURITY JAN, 2029
COUPON (pct) 6 pct
HIGHEST YIELD (pct) 4.856
AVERAGE YIELD (pct) 4.849
AVERAGE PRICE 114.084
TOTAL BIDS (mln) 2,799
ALLOTTED (mln) 1,259
BID/COVER RATIO 2.2
For full details, click on the Treasury page TESORESP07 and Bank of Spain page BANCN.