The Treasury returns to the market with 36.4% of the financing already received By EFE

© Reuters. The Treasury returns to the market with 36.4% of the financing already raised

Madrid, Apr 16 (.).- The Spanish Public Treasury will return to the market this week and will hold two new auctions, one for bills and the other for bonds and obligations, when it has already executed 36.4% of the medium- and long terms scheduled for 2023.

According to the calendar established by the Treasury, the next bid will be on Tuesday, April 18. That day, Spain will auction bills for three and nine months.

As early as Thursday, April 20, it will offer investors seven-year bonds, others ten years, and others with a residual life of 25 years and six months.

Last week, the Treasury also held two bids, but the interest offered to investors was lower on the auctioned denominations.

Specifically, it placed 4,840 million euros in six- and twelve-month bills, and in both cases, the performance was lower. The interest on one-year bills was 3.169%, and on six-month bills, 3.005%.

Investor demand, many of them retail, exceeded 8.2 billion euros.

Already on Thursday, Spain sold another 6,964 million euros in four different denominations of bonds and obligations, including a new reopening of the green bond issued for the first time in 2021.

The marginal return of the four denominations auctioned was mixed, since it has fallen in the case of three-year bonds and in the fifteen-year inflation-indexed obligations, while it rose in the ten-year obligations and in the debt at twenty years (residual life of 19 years and three months) of the aforementioned green bond.

After this week’s bids, the Treasury will not return to the market until May 4.