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The Treasury returns to the market with an auction of three- and nine-month bills

The Spanish Public Treasury will organize this Tuesday a new auction, this time for three nine-month bills which, in September, were sold at a lower interest rate and, in the case of the first, Spain paid a lower yield at 3.% for them.

Concretely, the last time that Spain granted this type of debt was the last time September 10. On this occasion, the three-month invoices were issued at a rapid pace marginal yield of 2,860%, its lowest level since March 2023.

For its part, for the nine-month invoices, Spain paid a 3.027% interestthe lowest since April last year.

This same week, the Treasury has already organized the first two auctions of Octoberand in them he reduced the interest charged on all denominations of debt proposed.

On Tuesday, he placed 4.791 million euros in letters at six and twelve months. The yield of the latter was 2.598%, the lowest since December 2022, and that of the former was 2.919%, the lowest since February 2023.

After this Tuesday’s offer, the Treasury will only seduce the market again in October. will be next day 17when it auctions government bonds and bonds.

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Katy Sprout
Katy Sprout
I am a professional writer specializing in creating compelling and informative blog content.
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