Business · Markets · 21 hrs ago
Spain to hold Treasury bill auction Tuesday and bond auction Thursday
Spain’s Treasury plans two debt auctions next week to raise money for the state.
The first, on Tuesday, will offer Treasury bills that mature in three and nine months.
In the most recent auction, three-month bills had a marginal interest rate of 2.464%, while nine-month bills were sold at 2.783%.
The second auction, on Thursday, will offer bonds and obligations.
The auctions come as government bonds are being sold in secondary markets amid concerns about US economic policy, the US deficit and the strength of the dollar.
The sources do not give the amount Spain plans to raise or the results of the upcoming auctions.
Spain’s Treasury plans to hold two debt auctions next week to raise financing.
The first auction, on Tuesday, will offer three- and nine-month Treasury bills.
The second, on Thursday, will offer bonds and government obligations.
At the latest auction, nine-month bills yielded 2.783%, while three-month bills had a marginal yield of 2.464%.
The auctions come amid pressure in secondary debt markets linked to US economic policy, a rising US deficit and the strength of the dollar.
- Who
- Spain’s Treasury, through the Public Treasury.
- What
- It plans to hold auctions of Treasury bills and of bonds and government obligations to raise financing.
- When
- Tuesday and Thursday next week.
- Where
- Spain. The auction venue is not stated.
- Why
- To raise financing.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
The Treasury plans to auction three- and nine-month bills.
The Treasury plans to auction bonds and government obligations.
- Bill auction
- Tuesday; three- and nine-month Treasury bills
- Bond auction
- Thursday; bonds and government obligations
- Nine-month bill yield
- 2.783% at the latest auction
- Three-month bill marginal yield
- 2.464% at the latest auction on September 8
- Market context
- Sales of bonds amid US economic policy, a rising US deficit and a strong dollar








