Spanish treasury places 4.48 bln euros on market

Source: Xinhua| 2018-09-21 01:00:04|Editor: Mu Xuequan
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MADRID, Sept. 20 (Xinhua) -- The Spanish treasury on Thursday placed a total of 4.48 billion euros (5.26 billion U.S. dollars) of treasury bonds on the market registering a demand fo 9.6 billion euros.

The treasury placed a total of 1.05 billion euros of three-year treasury bonds that fetched an average interest rate of -0.06 percent.

It also placed 880 million euros of three-year treasury bonds that carried an average interest rate of 0.03 percent and 740.19 million euros of five-year treasury bonds that fetched an average interest rate of 0.85 percent.

Finally, the treasury placed a total of 1.80 billion euros of 10-year treasury bonds that carried an average interest rate of 1.49 percent.

This is the last auction the Spanish treasury holds in September, when the risk premium remains stable around 115 basis points.

The body has placed 83.7 percent of the total amount of money set to be placed on the market for the year, a total of 131.3 billion euros. (1 euro=1.18 U.S. dollars)

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