Sold Eur 3.323 bln of 3% Apr 2022 OAT, yield 2.96% (from 2.98%),

Sold Eur 1.085 bln of 4.25% Oct 2017 OAT, yield 1.89% (from 1.96%),

Sold Eur 1.55 bln of 3.25% Oct 2021 OAT, yield 2.85%

Sold Eur 1.473 bln of 6% Oct 2025 OAT, yield 3.31%,

Reasonable auction with virtually a full take up and improved yields; EUR’s flat around 1.3135