Spanish treasury places 5.9 bln euros' bonds at higher interest rates in auction
Xinhua, September 4, 2015 Adjust font size:
The Spanish treasury on Thursday placed treasury bonds worth 5.9 billion euros (6.5 billion U.S. dollars) at higher interest rates than in previous auctions and registering a demand of around 11.5 billion euros.
A total of 1.821 billion euros worth of five-year treasury bonds carried an average interest rate of 1.05 percent, while a further 2.224 billion euros worth of 10-year treasury bonds carried an average interest rate of 2.12 percent, slightly above the 1.91 percent of the previous issue held on Aug. 20.
The placement also included 1.902 billion euros worth of 30-year treasury bonds that fetched an average interest rate of 3.21 percent, which was above the previous 2.06 percent.
So far, the Spanish treasury has placed 110.1 billion euros of medium- and long-term bonds on the market, which represented 77.5 percent of the country's financial goals for the year, 141.996 billion euros.
The treasury will hold the next auction on Sept. 15. (1 euro = 1.11 U.S. dollars) Endit