Spanish treasury places over 4.4 bln euros on market
Xinhua, February 18, 2015 Adjust font size:
The Spanish treasury placed on Tuesday treasury bills to the value of 4.483 billion euros (5.107 billion U.S. dollars) on the market, paying lower interest rates than in previous auctions and registering a demand of over 11.3 billion euros.
A total of 3.955 billion euros worth of 12-month treasury bills carried a marginal interest rate of 0.197 percent, which was below the 0.213 of the previous issue, while the average interest rate stood at 0.190 percent.
The remaining 528.78 million euros worth of six-month treasury bills carried a marginal interest rate of 0.095 percent, falling from the previous 0.115 percent. The average interest rate stood at 0.088 percent.
So far, the Spanish treasury has placed 23.452 billion euros of medium and long term debt on the market, which represented 16.5 percent of Spain's financial needs for the year. (1 euro = 1.14 U.S. dollars) Endit