On Nov 8 Spain taps the.......>

SPAIN AUCTION PREVIEW: On Nov 8 Spain taps the market for a combined

E3.5bln-E4.5bln, re-opening the 0.05% Oct-21 Bono, 0.35% Jul-23 Bono, 4.20%

Jan-37 Obli, and the 3.45% Jul-66 Obli.

HISTORY: At the last auction of the 0.05% Oct-21 Bono on Oct 4, E2.718bln was

allotted at an average yield of 0.13% with a cover of 1.774x.  

- At the last auction of the 0.35% Jul-23 Bono on Oct 18, E1.53bln was allotted

at an average yield of 0.63% with a cover of 1.778x.   

- At the last auction of the 4.20% Jan-37 Obli on Jun 15 2017, E0.63bln was

allotted at an average yield of 2.314% with a cover of 1.58x.  

- At the last auction of the 3.45% Jul-66 on May 3, E1.1bln was allotted at an

average yield of 2.66% with a cover of 2.086x.   

RV/BACKGROUD: Spain have met 95% of their planned issuance for 2019, above the

89% eurozone average. 

TIMING: Results will be due shortly after the auction closes at 0845GMT.