9 Jan 2014
Spanish 5-year bond yield hits record low in first auction of 2014
FXstreet.com (Łódź) - The Spanish Tesoro Público held a debt auction on Thursday during which it sold a total of 5.29 billion euros worth of 5-year notes and 15-year bonds, exceeding the maximum target of 5 billion euros.
3.5 billion euros of 5-year bonds were sold at an average yield of 2.383%, compared with 2.697% seen at the auction in December. €1.7 billion euros of bonds maturing through 2028 yielded 4.192% vs 4.809 seen at the previous auction.
3.5 billion euros of 5-year bonds were sold at an average yield of 2.383%, compared with 2.697% seen at the auction in December. €1.7 billion euros of bonds maturing through 2028 yielded 4.192% vs 4.809 seen at the previous auction.