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©Reuters. The Treasury places 4,207 million in debt, again, at a higher interest
Madrid, Nov 3 (.).- The Spanish Public Treasury placed 4,207 million euros on Thursday at an auction in which it offered four different denominations of medium- and long-term debt, including ten-year bonds, whose interest marginal has risen again and remains at the highest since 2014.
According to auction data consulted by Efe, ten-year bonds have been placed at a marginal yield of 3.313%, higher than the previous 3.236%.
In this type of debt, Spain has sold 1,432 million euros.
On the other hand, in today’s auction, which was the first in November, the Treasury has awarded another 1,498 million euros in five-year bonds, whose applied marginal interest has been 2.677%, also higher than the previous 2.242%.
The Treasury has also today sold obligations with a residual life of 19 years and nine months, of which it has awarded 823 million euros, at an interest of 3.601%, also higher than the previous 2.418%.
Lastly, Spain has managed to sell other bonds with residual lives of eight years and one month at a lower yield. It has been 0.601%, compared to the previous 0.702%.
Of this type of debt, it has placed 454 million euros.
In total, the demand by investors was 8,547 million, so the auction ratio, the difference between what was requested and what was finally placed, was 2.03 times.
Spain has returned to the market today and has done so for the first time since the monetary policy meeting of the European Central Bank (ECB), which last Thursday decided to raise interest rates by another 75 basis points.
Likewise, the US Federal Reserve (Fed) announced yesterday a rise in the official interest rate of three quarters of a point, the sixth consecutive increase since March.
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