SPAIN DEBT AGENCY (TESORO) SELLS TOTAL €4.02B VS. €3.5-4.5B INDICATED RANGE IN 2024, 2029, 2033 AND 2048 BONDS
- Sells €1.40B in 0.25% July 2024 SPGB bond; Avg yield: % v -0.205% prior; Bid-to-cover: 1.50x v 1.72x prior (Prior July 18th 2019)
- Sells €1.39B in 0.60% Oct 2029 SPGB; Avg Yield: % v 0.839% prior, bid-to-cover: 1.38x v 1.22x prior (July 4th 2019)
- Sells €827M in 2.35% July 2033 SPGB; Avg Yield: % v 1.776% prior; Bid-to-cover: 1.39x v 1.45x prior (Feb 7th 2019)
- Sells €404M in 2.7% Oct 2048 SPGB; Avg Yield: % v 1.165% prior; Bid-to-cover: 1.96x v 1.19x prior (July 4th 2019)