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©Reuters. The Treasury expects to place up to 5,500 million in the last auction in October
Madrid, Oct 17 (.).- The Spanish Public Treasury will hold this Thursday the last auction of October in which it hopes to sell between 4,500 and 5,500 million euros in three-year government bonds, seven-year obligations, and other obligations that they expire in 2026, but have a residual life of three years and six months.
During the last few months, the Treasury has seen how the interest offered to investors for acquiring Spanish debt has risen sharply.
On October 11, in the last auction held, nine-month bills registered a marginal yield of 2.014%, their highest level since this type of debt began to be launched in February 2013.
In that same bid, the profitability of three-month bills reached a new maximum since 2013.
Previously, on October 6, in the first auction of the month, Spain sold ten-year bonds at an interest rate that reached the highest since March 2014.
And this, in a context in which the profitability of sovereign debt has risen strongly in the secondary market due to the tightening of the monetary policy of the central banks to control inflation.
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