Spanish auctions: Sold a total of Eur 2.074 bln in 2014, 2014, 2016 bonds

Out of a targeted Eur 1- 2 bln

Sold Eur 638 mln of 3.3% 2014 BONO, cover 4.26 (from 3.29), 4.335% (from 3.463%)

Sold Eur 825 mln of 4.25% 2016 BONO, cover 2.56 (from 2.46), yield 5.353% ( from 4.319%)

Sold Eur 611 mln of 5.85% 202 Obligacion, cover 3.29 (from 2.42), yield 6.044% (from 5.743%)

Strong cover and a full take up , but paid up on yields on all three