International Business

Successful Auction by Spanish Treasury Amid Market Confidence

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Successful Auction by Spanish Treasury Amid Market Confidence

Spanish Treasury has achieved success in its latest bond auction, raising 5.561 million euros across different bond maturities, all of which were sold at lower interest rates compared to previous auctions. Most notably, 2.384 million euros were allocated to seven-year bonds, with a reduced marginal yield of 2.701% from the previous 3.135%. Additionally, 1.773 million … Read more

The Spanish Treasury Experiences Strong Demand for Debt Amid Decreased Interest Rates

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The Spanish Treasury Experiences Strong Demand for Debt Amid Decreased Interest Rates

Amidst ongoing shifts in the European financial landscape, the Spanish Treasury recently conducted a successful auction of three and nine-month bonds, attracting significant investor interest despite lowering the yields to levels not seen in over a year and a half. Demand for Spanish debt reached nearly double the amount ultimately issued, reflecting continued confidence in … Read more