The Treasury celebrates this week the last auction of May

Madrid, May 15 (.).- The Spanish Public Treasury is holding this week the last auction of the month of May, in which it will offer investors various denominations of State bonds and obligations, including the second reopening of the issuance of green bonds launched in 2021.

Specifically, the Treasury will auction on Thursday those twenty-year green bonds, other three-year bonds, ten-year obligations, and others that have a residual life of five years and two months.

Spain goes to the market in a context in which tensions continue due to fear of the rate of tightening of monetary policy, a possible recession, inflation and war.

Regarding the central banks, this week, the president of the European Central Bank (ECB), Christine Lagarde, opened the door to a possible rise in interest rates in July, after concluding at the beginning of the same month the purchase program of assets (PPPs).

The ECB has kept interest rates at 0% since 2016.

For his part, the president of the US Federal Reserve (Fed), Jerome Powell, was against aggressive increases in interest rates despite high inflation, and defended the idea of ​​a half-point hike .

Meanwhile, in the debt market, the yield on bonds has slowed down its rise.

Thus, the ten-year Spanish bond remains below 2% (1.92%), and the German, at 0.8%.