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 | 01/13/2026 | 12/09/2025 | 01/13/2026 |
| Maturity date | 03/06/2026 | 07/10/2026 | 09/04/2026 | 01/15/2027 |
| Settlement date | 12/12/2025 | 01/16/2026 | 12/12/2025 | 01/16/2026 |
| Nominal bid amount | 1,751.43 | 3,909.30 | 2,641.37 | 6,294.50 |
| Nominal allotted amount | 816.18 | 1,948.14 | 1,436.37 | 4,129.09 |
| Nominal allotted amount (2nd round) | 0.00 | 41.81 | 0.00 | 355.33 |
| Stop-out price | 99.536 | 99.037 | 98.533 | 97.972 |
| Stop-out rate | 1.999 | 2.002 | 2.016 | 2.048 |
| Weighted average price | 99.542 | 99.047 | 98.545 | 97.987 |
| Weighted average rate | 1.974 | 1.981 | 1.999 | 2.032 |
| Amount alloted at stop-out price | 25.00 | 50.00 | 50.00 | 100.00 |
| 1st price not allotted | 99.536 | 99.036 | 98.531 | 97.971 |
| Amount bid at that price (nominal) | 80.24 | 50.00 | 150.00 | 300.00 |
| Non-competitive bids (nominal) | 233,50 | 743,40 | 84,40 | 864,98 |
| Effective bid amount | 1,743.28 | 3,871.42 | 2,602.51 | 6,166.72 |
| Effective allotted amount | 812.43 | 1,929.51 | 1,415.41 | 4,045.75 |
| Effective allotted amount (2nd round) | 0.00 | 41.40 | 0.00 | 348.12 |
| Pro-rata percentage | - | - | - | - |
| Cover ratio | 2.15 | 2.01 | 1.84 | 1.52 |
| Previous stop-out rate | 1.926 | 1.968 | 1.976 | 2.004 |