Out of a projected Eur 7.5-8.5 bln
Sold: –
Eur 2.106 bln of April 2014 OAT, cover 2.386, yield 0.70% (1.14%)
Eur 1.93 bln of October 2014 OAT, cover 2.127, yield 0.86% (2.01%)
Eur 1.165 bln of February 2016 BTAN, cover 3.472, yield 1.4% (2.17%)
Eur 3.26 bln of February 2017 BTAN, cover 1.985 (1.99), yield 1.78% (1.93%)
Improved yields across the board as ECB’s LTRO spurs on investor demand in Europe
