At 3.34%, the yield on the 52-week (one-year) €500 million bond auction held today was 3.34%. 

According to the Public Debt Management Agency (ODDIX), there were total bids of €1.147 billion, which was 2.29 times more than the requested amount.

The ODDIX statement also notes that the auction was conducted through the primary dealers, and the settlement date is Friday, June 7, 2024.

Bids up to the amount of the auctioned amount were accepted, as well as non-competitive bids of €100 million. No additional non-competitive bids will be accepted on Thursday, June 6, 2024. Please note that no commission will be paid during the auctions.