The Treasury expects to place up to $2,500 million in 3 and 9 month bills this Tuesday

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At the last auction of this type, in mid-January, the Treasury placed 2052.78 million and did so at record interest rates in a decade.

Euskaraz irakurri: 3 eta 9 hilabeterako letren bidez 2,500 millioi euro saltzea espero du gaur Altxor Publikoak

He Spanish treasury It hopes to place between 1,500 million and 2,500 million euros this Tuesday in an auction of 3- and 9-month notes, in full ‘boom’ for its purchase. Interviewed on eitb.eus, lawyer Iker Ariznabarreta, from DUT Asesoría, explains the Keys to watch out for in today’s auction.

At the last auction of this type, in mid-January, the Treasury placed 2,052.78 million euros at record interest rates in a decade. Specifically, the marginal return was 2.198% in 3-month bills and 2.839% in 9-month bills.

After Tuesday’s issue, the Treasury will hold an auction of government bonds next Thursday, with the public body expecting to award between 5,500 million and 6,500 million euros.

The issuance of government debt is three types depending on the payback period or term to earn back the investment:

There is three ways to buy public debt: from the Bank of Spain headquarters, the website of the Public Treasury and the banking entities:

In a context marked by successive interest rate hikes by both the Fed and the European Central Bank, the Treasury has increased its yield on debt purchases and even issued more than 3.5% in government bonds in 20 years. So far, purchases through the Treasury website from retailers have increased by more than €1.1 billion in 2023, tripling all purchases in 2022.

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Source: EITB

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