Projected amount was a total of Eur 7-8 bln
Sold Eur 0.825 bln of 4.25% 2017 OAT, yield 1.91 % (from 2.42%), cover 4.115 (from 4.4)
Sold Eur 1,250 bln of 3.75% 2019 OAT, yield 2.48 % , cover 2.74
Sold Eur 3.915 bln of 3% 2022 OAT, yield 2.91 % (from 3.13%), cover 2.19 (from 1.71)
Sold Eur 2.001 bln of 3.5% 2026 OAT, yield 3.30 % (from 3.65%), cover 2.174 (from 3.24)
Better yields and pretty much a full take up, but markets again showing little reaction…
EUR’s around 1.3345
