Out of an indicative target of Eur 3.5-4.5 bln
Sold Eur 2.52bln of 4% July 2015 Bono, yield 2.861% (vs 3.384 %), cover 1.63 (vs 1.797)
Sold Eur 984 mln of 4.25% Oct 2016 Bono, yield 3.455% (vs 4.021 %), cover 3.57 (vs 1.71)
Sold Eur 1.05 bln of 3.8% Jan 2017 obligacion, yield 3.565 % , cover 2.70
Overall pretty good, with a full take up and lower yields, despite lower bid to cover ratios