Today the Austrian debt agency is to offer a combination of EUR 1.65bln in 3.9% 15-Jul-20 and 4.85% 15-Mar-26 bond tap. This is the sixth auction on the 2020 line, the last happened on 10-Feb-09 where the Bid/Cover ratio was 1.8. Prior to this, the auction was last carried out in December 2008 with bid/cover ratio of 1.3. The 2026 line is being conducted for the third time, the last auction happened on 06-Oct-09 where the Bid/Cover was 1.8. The results are expected between 1015-1030 GMT.
Source: RANsquawk
Tue, 08:34 09-02-2010