The Spanish Public Treasury will organize the last auction of the month of October on Thursday, which this time will concern government bonds and bonds.
The auction will coincide with a new meeting of the European Central Bank (ECB)in which experts hope that the organization continues its rate cut policy of interest.
At its September meeting, the ECB reduced its interest rates 25 basis points.
According to Treasury data, during this Tuesday’s auction, the organization will offer investors bonds for seven and ten yearsand others bonds with a remaining life of 24 years.
The last time Treasury held a debt auction was the last time October 7When sold 1.885 million euros in three- and nine-month notes, at an interest which, in the case of the latter, was 2.848%.
As for the three month lettersthe Treasury granted them a higher marginal rate, of 3.067%.
