MINISTERIO DE ECONOMÍA Y COMPETITIVIDAD 2/VI/16 RESULTS OF THE LAST AUCTION Three references were auctioned today with the following results: Target range: €4 bn - €5 bn Jul-2021 Nominal amount bid: Nominal amount allotted: Bid-to-cover ratio: Stop-out rate: Weighted average rate: Previous stop-out rate: €3,049.41 million €2,044.41 million 1.49 0.502% 0.492% 0.579% Apr-2026 Nominal amount bid: Nominal amount allotted: Bid-to-cover ratio: Stop-out rate: Weighted average rate: Previous stop-out rate: €3,154.36 million €2,054.36 million 1.54 1.51% 1.498% 1.603% Oct-2046 Nominal amount bid: Nominal amount allotted: Bid-to-cover ratio: Stop-out rate: Weighted average rate: Previous stop-out rate: €1,271.69 million €802.69 million 1.58 2.73% 2.722% 2.712% With regard to the regular issuance programme, with today’s auction the gross debt issued reaches €104.1 bn. The gross issuance of medium- and long-term bonds of the regular funding programme stands at €62.2 bn (51.7% of the projected figure of €120.3 bn for 2016). Pº CASTELLANA, 162 28046 MADRID 1 MINISTERIO DE ECONOMÍA Y COMPETITIVIDAD 2/VI/16 ULTIMAS SUBASTAS DE BONOS Y OBLIGACIONES / BONOS AND OBLIGACIONES LAST AUCTION RESULTS B 5A O 10A O30A CUPON/COUPON 0.75% 1.95% 2.90% CODIGO ISIN/ ISIN CODE 128B8 127Z9 128C6 FECHA SUB/AUCT. DATE 02-jun-16 02-jun-16 02-jun-16 NOM.SOLIC./NOM.BID AM. 3,049.41 3,154.36 1,271.69 NOM.ADJ./NOM.ALLOT. AM. 2,044.41 2,054.36 802.69 PREC.MARG./STOP-OUT PR 101.250 104.010 103.460 INT.MARG./STOP-OUT RATE 0.502 1.510 2.730 PREC.MEDIO/WEIGH AV. PR 101.302 104.128 103.627 INT.MEDIO/WEIGH AV. RAT 0.492 1.498 2.722 ADJ. MARG/ ALLOT. STOP 100.00 200.00 40.00 1 PR.NO ADJ./1 PR NO ALL 101.240 104.000 103.430 VOL 1°PREC/ BID 1ST PR 150.00 85.00 30.00 PET.NO.COMP./NO.COMP.BID 1.41 2.32 0.69 EFEC.SOLIC./EFFECT. BID 3,093.04 3,286.33 1,322.77 EFEC.ADJ./EFFEC ALLOT 2,074.62 2,142.43 836.65 RAT.COBERT/BID TO COVER 1.49 1.54 1.58 ANT.MARG/PREV STOP RATE 0.579 1.603 2.712 PRORRATEO/PRO-RATA PERC. ADJ.2ªVUELT/ALLOT.2ROUND MONTANTE FINAL/TOTAL AMOUNT Pº CASTELLANA, 162 28046 MADRID 2