MADRID, Dec 14 (Reuters) - Spain announced the following results at Tuesday's Treasury bill auction BANCS.
(Amounts bid, allocated in millions of euros) ISSUE YIELD PREVIOUS PRICE PREVIOUS BID ALLOCATED 12-month 3.449 2.363 96.564 97.583 4,445 1,991 18-month 3.721 2.664 94.446 96.176 2,372 523
The bid-to-cover ratio on the 12-month bill was 2.23 versus 1.90 at the last auction.
The bid-to-cover ratio on the 18-month bill was 4.54 versus 3.66 at the last auction.
For further information, click on TESORESP08 and BANCS. (Reporting by Nigel Davies)