MADRID, Mar 15 (Reuters) - Spain announced the following results at Tuesday's Treasury bill auction BANCS.
(Amounts bid, allocated in millions of euros)
ISSUE YIELD PRVS PRICE PRVS BID ALLOCATED 12-month 2.128 2.410 97.854 97.622 9,410 3,972 18-month 2.436 2.938 96.551 95.650 5,366 1,529
The Treasury had aimed to issue between 5 billion and 6 billion euros of the bills.
The bid-to-cover ratio on the 12-month bill was 2.4 versus 2.1 at the last auction.
The bid-to-cover ratio on the 18-month bill was 3.5 versus 5.3 at the last auction.
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