Sold Eur 500 mln 6mth BT’s , yield 2.9% ( from 4.332%) cover 5.0 (from 2.5)
Sold Eur 1 bln of 12 mth BT’s, yield 4.537%, cover 2.6
Improved yields and cover on the 6 months, but little reaction in the EUR/USD hovering around 1.3170/75
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Portugal auction results: Sold Eur 1.5 bln of 6/12 month BT’s out of a targeted Eur 1.25-1.5 bln
Portugal auction results: Sold Eur 1.5 bln of 6/12 month BT’s out of a targeted Eur 1.25-1.5 bln
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