Off the wire
African Hockey teams to battle for World Cup ticket in Namibia  • Urgent: U.S. dollar mixed on downbeat data  • Bayer Leverkusen's Oemer Toprak ruled out with thigh injury  • Latvia mulls admission of asylum seekers from Turkey: official  • Spanish stock market falls 1.69 pct, closes at 8,988 points  • Roundup: Greek PM urges refugees to choose relocation process over risky illegal crossings into FYROM  • Women, girls should have same access to better life: UN chief  • Chinese official urges Human Rights Council to avoid repeating past mistakes  • Paris attacks: Three police officers injured in shootout in Brussels  • British FTSE 100 decreases 0.56 pct on Tuesday  
You are here:   Home

Spanish treasury places 2.934 bln euros on market at negative interest rates

Xinhua, March 16, 2016 Adjust font size:

The Spanish treasury placed treasury bills with a value of 2.934 billion euros (3.258 billion U.S. dollars) on the market on Tuesday at negative interest rates.

A total of 2.373 billion euros worth of nine-month treasury bills carried an average interest rate of -0.068 percent compared to the -0.017 percent of the previous issue.

The placement also included 561 million euros worth of three-month treasury bills that fetched an average interest rate of -0.281 percent compared to the -0.214 percent of the previous issue held in February.

So far, the Spanish treasury has placed 37.2 billion euros of medium and long-term debt on the market, which represents 29.7 percent of 2016 Spain's financial goals of the year. The treasury will hold another auction on Thursday. Endit