Latest auctions results
Letras del Tesoro
(Amounts in millions of euros)
| Term | 3 MONTHS | 6 MONTHS | 9 MONTHS | 12 MONTHS |
|---|---|---|---|---|
| Auction dat | 12/09/2025 | 12/02/2025 | 12/09/2025 | 12/02/2025 |
| Maturity date | 03/06/2026 | 06/05/2026 | 09/04/2026 | 12/04/2026 |
| Settlement date | 12/12/2025 | 12/05/2025 | 12/12/2025 | 12/05/2025 |
| Nominal bid amount | 1,751.43 | 3,190.45 | 2,641.37 | 5,517.31 |
| Nominal allotted amount | 816.18 | 1,469.60 | 1,436.37 | 3,506.70 |
| Nominal allotted amount (2nd round) | 0.00 | 206.12 | 0.00 | 655.88 |
| Stop-out price | 99.536 | 99.015 | 98.533 | 98.014 |
| Stop-out rate | 1.999 | 1.968 | 2.016 | 2.004 |
| Weighted average price | 99.542 | 99.034 | 98.545 | 98.028 |
| Weighted average rate | 1.974 | 1.931 | 1.999 | 1.990 |
| Amount alloted at stop-out price | 25.00 | 120.00 | 50.00 | 325.00 |
| 1st price not allotted | 99.536 | 99.014 | 98.531 | 98.013 |
| Amount bid at that price (nominal) | 80.24 | 65.00 | 150.00 | 50.02 |
| Non-competitive bids (nominal) | 233,50 | 1.064,44 | 84,40 | 1.018,82 |
| Effective bid amount | 1,743.28 | 3,158.66 | 2,602.51 | 5,407.53 |
| Effective allotted amount | 812.43 | 1,455.34 | 1,415.41 | 3,437.31 |
| Effective allotted amount (2nd round) | 0.00 | 204.09 | 0.00 | 642.85 |
| Pro-rata percentage | - | - | - | - |
| Cover ratio | 2.15 | 2.17 | 1.84 | 1.57 |
| Previous stop-out rate | 1.926 | 1.962 | 1.976 | 2.003 |