The Spanish government on Thursday sold 3.95 billion of Bonds

FRANFURT (MarketWatch)
The Spanish government on Thursday sold 3.95 billion euros ($5.4 billion) worth of off-the-run, or non-benchmark, bonds due to mature in 2019 and 2020.
The Treasury said it sold 1.5 billion euros of Oct. 2020 bonds at a maximum yield of 5.19% versus a yield of 5.22% in a February auction.
The sale saw bids exceed supply twice over, compared to a bid-to-cover ratio of 1.54 in February.
Spain also sold 1.4 billion euros of April 2020 bonds at a maximum yield of 5.05% versus 4.9% in a June auction.
The auction was covered 2.01 times versus 1.9 in June.
A sale of 1 billion euros of July 2019 bonds produced a maximum yield of 5% versus 4.07% in April 2009.
The sale was covered 2.7 times versus 1.9 in the previous auction