The average weighted yield came in at 3.94%, slightly lower than the yield of 4.0% achieved at the previous auction of three-year T-notes held on February 2, the central bank said in a data release on Thursday.
The government securities will mature on April 12, 2027.
Details follow:
Auction date | April 12 | Feb 2 |
Amount offered (mln euro) | 20 | 20 |
Amount sold (mln euro) | 17 | 18.6 |
Total bids placed (mln euro) | 23.6 | 18.6 |
Bid-to-cover ratio | 1.39 | 1 |
Average weighted yield | 3.94% | 4.00% |
Coupon rate | 3.90% | 3.90% |
($ = 0.936 euro)