Latest auctions results
Obligaciones del Estado
(Amounts in millions of euros)
| Term | 10 YEARS | 15 YEARS | 30 YEARS | 50 YEARS |
|---|---|---|---|---|
| Coupon | O 3.30% | O 3.50% | O 4.00% | O 1.45% |
| Auction date | 02/19/2026 | 03/05/2026 | 11/20/2025 | 01/15/2026 |
| Maturity date | 04/30/2036 | 01/31/2041 | 10/31/2054 | 10/31/2071 |
| Settlement date | 02/24/2026 | 03/10/2026 | 11/25/2025 | 01/20/2026 |
| Nominal bid amount | 4,110.20 | 2,580.47 | 2,386.37 | 3,857.29 |
| Nominal allotted amount | 1,630.12 | 1,210.40 | 1,221.35 | 1,100.00 |
| Nominal allotted amount (2nd round) | 306.32 | 0.00 | 7.11 | 232.97 |
| Stop-out price | 101.120 | 98.750 | 99.250 | 46.450 |
| Stop-out rate | 3.170 | 3.609 | 4.043 | 4.031 |
| Weighted average price (excoupon) | 101.149 | 98.794 | 99.343 | 46.526 |
| Weighted average price | 101.399 | 99.154 | 99.613 | 46.846 |
| Weighted average rate | 3.167 | 3.605 | 4.038 | 4.024 |
| Amount alloted at stop-out price | 260.00 | 60.01 | 25.00 | 199.71 |
| 1st price not allotted | 101.110 | 98.730 | 99.230 | 46.440 |
| Amount bid at that price (nominal) | 120.00 | 90.00 | 50.00 | 35.00 |
| Non-competitive bids (nominal) | 7,03 | 2,99 | 1,25 | 0,29 |
| Effective bid amount | 4,163.57 | 2,554.98 | 2,371.85 | 1,798.33 |
| Effective allotted amount | 1,652.75 | 1,200.05 | 1,216.38 | 514.99 |
| Effective allotted amount (2nd round) | 310.51 | 0.00 | 7.08 | 108.96 |
| Pro-rata percentage | - | - | - | 22.38 |
| Cover ratio | 2.52 | 2.13 | 1.95 | 3.51 |
| Previous stop-out rate | 3.226 | 3.678 | 4.078 | 3.876 |