Results of additional issuance - RIKB 29 0416

The Government Debt Management notes that, per the general auction terms, it offered the equivalent of 10% of the nominal value sold in the July 3 Treasury bond auction at the price of accepted bids. The update appears procedural with no clear implied change to broader market conditions.

Analysis

The Government Debt Management notes that, per the general auction terms, it offered the equivalent of 10% of the nominal value sold in the July 3 Treasury bond auction at the price of accepted bids. The update appears procedural with no clear implied change to broader market conditions.