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© Reuters. The Treasury plans to raise up to 6,000 million on Thursday with the debt at maximum
Madrid, Nov 1 (.) .- The Spanish Public Treasury expects to raise this Thursday between 4,000 and 6,000 million euros in four different denominations of obligations, a bid that will be held with the profitability of sovereign debt around 0.64% , highs since October 2020.
After concluding the October auctions, the Treasury will open the November bids this week and will offer investors four different denominations of bonds.
Specifically, it will auction seven and ten-year bonds, other bonds that mature in 2046 (residual life of twenty-five years) and others indexed to inflation due in 2030 (residual life of nine years and one month).
On November 10, he will auction six and twelve month bills; on the 16th, letters at three and nine months; and on the 18th, bonds and obligations of the State.
In the last auction, held on October 21, Spain sold 5,053.5 million euros in five-year bonds and 15-year obligations that, in both cases, were awarded at a higher marginal interest.
And this, as a consequence of the rise in the interest of sovereign debt in Europe and the United States due to investors’ fear of a permanent increase in inflation that will hinder the economic recovery after the crisis caused by the pandemic.
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