Madurd. (Agencies) .- The Treasure Public has successfully closed the issuance of letters of 3 and 9 months by placing 3.500 million, the maximum allowed, and offered to investors next to zero interest in the role Shorter-term Treasury selling.
In particular, the agency has placed 1,110 million in 3-month bills, registering a demand that has exceeded 3.2 times what I sold (4.5 times in the month of July). The average interest rate has slowed considerably and has been virtually zero, rising from 0.127% last month to 0.034% today.
The Spanish Treasury had set the overall goal of
Spain is being financed at the lowest costs fair history when public debt exceeds one trillion euros, breaking all records. The cheap finance helps reduce the deficit and reduce the load on interests of the State Budget.
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