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Obligaciones del Estado
(Amounts in millions of euros)
| Term | 10 YEARS | 15 YEARS | 30 YEARS | 50 YEARS |
|---|---|---|---|---|
| Coupon | O 0.85% (TM 11y 8m) | O 3.50% | O 4.00% | O 1.45% |
| Auction date | 12/04/2025 | 01/15/2026 | 11/20/2025 | 01/15/2026 |
| Maturity date | 07/30/2037 | 01/31/2041 | 10/31/2054 | 10/31/2071 |
| Settlement date | 12/09/2025 | 01/20/2026 | 11/25/2025 | 01/20/2026 |
| Nominal bid amount | 2,505.80 | 3,050.77 | 2,386.37 | 3,857.29 |
| Nominal allotted amount | 1,400.80 | 1,505.77 | 1,221.35 | 1,100.00 |
| Nominal allotted amount (2nd round) | 0.00 | [1] | 7.11 | [1] |
| Stop-out price | 75.640 | 97.960 | 99.250 | 46.450 |
| Stop-out rate | 3.422 | 3.678 | 4.043 | 4.031 |
| Weighted average price (excoupon) | 75.701 | 98.048 | 99.343 | 46.526 |
| Weighted average price | 76.011 | 101.138 | 99.613 | 46.846 |
| Weighted average rate | 3.414 | 3.670 | 4.038 | 4.024 |
| Amount alloted at stop-out price | 155.00 | 125.00 | 25.00 | 199.71 |
| 1st price not allotted | 75.620 | 97.950 | 99.230 | 46.440 |
| Amount bid at that price (nominal) | 75.00 | 250.00 | 50.00 | 35.00 |
| Non-competitive bids (nominal) | 0,90 | 5,03 | 1,25 | 0,29 |
| Effective bid amount | 1,901.67 | 3,081.70 | 2,371.85 | 1,798.33 |
| Effective allotted amount | 1,064.55 | 1,522.57 | 1,216.38 | 514.99 |
| Effective allotted amount (2nd round) | 0.00 | [1] | 7.08 | [1] |
| Pro-rata percentage | - | - | - | 22.38 |
| Cover ratio | 1.79 | 2.03 | 1.95 | 3.51 |
| Previous stop-out rate | 3.428 | 3.621 | 4.078 | 3.876 |