The Spanish Public Treasury begins the November auctions this week and will do so with two offers, one for six and twelve month bills, and another for government bonds and bonds.
The first auction, for the letters, will take place soon Tuesday November 5and that of links and obligations, the 7th.
The two sessions will coincide with several events that fuel uncertainty in the market, since on November 5 presidential elections will take place in the United States and on November 7 the Federal Reserve (Fed) will announce its decision on interest rates .
That Thursday, the Treasury will auction a new five-year benchmark bond to investors; 30-year government bonds and other inflation-indexed bonds with a remaining life of nine years and one month.
The last time the Treasury appealed to the market was on October 17, when it placed 5,115.9 million euros of debt over seven, ten and twenty-four years at a slightly lower interest rate. lower.
The Spanish Treasury will return to the market at a time when the yield on ten-year Spanish debt is increasing, around 3.1%.
