PDMO raised EUR 75 mln from a 2-year bond, with a yield of 1.83%. The Treasury Bills were oversubscribed almost twice, with tenders submitted for EUR 134.9 mln and yields that ranged 1.60-1.95%.
On Friday, the PDMO had successfully auctioned EUR 50 mln of 30-day paper, for which EUR 83 mln were submitted with a weighted average yield of 0.31%. The accepted yields ranged 0.17-0.42%.
Last week, the PDMO kicked off the new year with a successful auction of EUR 120 mln in 13-week T-Bills with a yield of 0.48%.