Out of a projected of Eur 7-8 bln
Sold Eur 3.545 bln of 0.75% Sept 2014 BTAN, yield 0.85%, cover 2.286
Sold Eur 1.73 bln of 3.5% April 2015 OAT, yield 1.06%, cover 3.0
Sold Eur 2.698 bln of 1.75% feb 2017 BTAN, yield 1.83%, cover 2.695
Muted reaction this time but pretty much a full take up ahead of this weekend’s 1st round of elections, with EUR/USD stable around 1.3135
