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Spain sells E6.67bln of 6/12m letras Vs E6-7bln target

SPAIN T-BILL AUCTION RESULTS
  • E1.398bln of 6-month Aug 13, 2021 letras:
    • Average yield -0.551% (-0.579%)
    • Bid-to-cover 2.28x (3.23x)
    • Previous amount sold: E1.025bln
  • E5.272bln of 12-month Feb 11, 2022 letras:
    • Average yield -0.524% (-0.550%)
    • Bid-to-cover 1.88x (1.45x)
    • Previous amount sold: E5.126bln

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