The Spanish treasury on Tuesday placed treasury bills valued at 3.055 billion euros (3.482 billion U.S. dollars) on the market, slightly exceeding its goal of three billion euros.
A total of 2.7 billion euros worth of nine-month treasury bills carried an average interest rate of minus 0.092 percent compared to the minus 0.068 percent of the previous issue. The placement also included 355 million euros worth of three-month treasury bills that fetched an average interest rate of minus 0.274 percent compared to the minus 0.281 percent of the previous issue.
The Spanish risk premium stood at around 137.7 points after the auction, Spain's 10-year bond interest rate stood at 1.5 percent and Spain's stock market index Ibex-35 rose 0.43 percent. The Spanish treasury will hold another auction on April 21.
Latest comments