MADRID, June 19 (Reuters) - The Bank of Spain announced the following results at Thursday's Treasury auction (amounts bid and allocated in millions of euros).
This is the first auction of the bond since it was first sold in a syndication deal in February.
In the last public auction of a 10-year bono, the highest yield was 4.263 percent and the bid-to-cover ratio was 2.34. In the syndication of the current bond, the highest yield was 4.197 percent.
10-YEAR BOND LATEST
Auction date June 19, 2008
Issue maturity July 30, 2018
Coupon 4.10 pct
Highest yield 4.841 pct
Average yield 4.827 pct
Tail 0.014 bps
Average price 94.297
Total bids (mln euros) 2,894.86
Alotted (mln euros) 1,869.86
Bid-to-cover ratio 1.55
The Treasury had expected to sell 1.6-2.0 billion euros of 10-year debt at the auction.
For full details, subscribers can click on the Treasury pages TESORESP07 TESORESP08 TESORESP02 and Bank of Spain page BANCN.