Ministerio de Economía y Competitividad
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Auctions

RESULTS OF THE FOURTH FINANCIAL ASSETS ACQUISITION FUND (FAAF) AUCTION

DATE OF AUCTION : January 30th 2009

TYPE OF TRANSACTION : Outright orders

MATURITY PERIOD : 3 years

FOURTH AUCTION
 
COMPETITIVE TRANCHE


NON-COMPETITIVE TRANCHE(1)
Bid amount 7,127 4,865
Alloted amount 4,732 1,270
Number of bids 100 36
Number of applicant institutions 40 36
Number of bids awarded 60 36
Number of selected institutions 32 36
Marginal rate 3.330%  
Average weighted rate 3.492%  
Pro-rata percentage 96.34%  

(Amounts in € billion)
(1) The non-competitive tranche is awarded at the marginal interest rate of the competitive tranche