Full take up of targeted EUR 4-5.75 bln

Sold Eur 2.5 bln of 4.75% Jun 2017, yield 4.18% (from 4.19%), cover 1.647 (from 1.41)

Sold Eur 3.25 bln of 5.5% Sep 2022, yield 5.24% (from 5.5%), cover 1.654 (from 1.40)

Better all round but not enough to halt the euro’s slide back through 1.3300

UPDATE:

Italy also sold Eur 2.256 bln of new 2017 CCTeu on a full take up at a yield of 4.6% and cover 1.81 times