Asta Bonos better than expected, with the Spanish Treasury which placed 12 and 18-month bonds on the market for a total amount of 4,864 billion euros. The target set was a figure between 3,5 and 4,5 billion euro. Demand exceeded 13 billion.
Interest rates also cut slightly, with 12-month bonds (they were sold for 3,4 billion) which paid investors a maximum yield of 2,860%, against 2,978% at last month's auction. The 18-month bonds (placed for 1,463 billion euro) offered a yield of 3,070% against 3,150% in the previous auction.
