Spain: Treasury hopes to sell 4.5 billion euros of bonos

20 August, 17:13

(ANSAmed) - MADRID, 20 AUG - The Spanish Treasury tomorrow will come to test the market, in an atmosphere of relative calm on the Iberian debt, with an auction where it is hoped to place between 3.5 and 4.5 billion of 12 and 18 months bonos.

In the previous stock auction which took place on July 17 2012, the Spanish Treasury was able to exceed the maximum allowed, with 3.561 billion of euros, with interests respectively of 3.99% and 4.35%.

The Treasury has already placed the 72.2% (62.016 billion euros) projected emissions for the long-term debt in all the year (85.9 billion euros), with an average cost of interest of 3.43% to July 31, below the 3.9% with which ended in 2011. By August 28 there will be a new auction for 3 and 6 months bonos.



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