Tuesday, April 7, 2015

The Spanish Treasury placed Lyrics at zero cost – Investing.com Spain

MADRID (Reuters) – The Spanish Treasury placed Lyrics Tuesday to six months later at a marginal rate of zero percent for the first time in its history

The state treasury took the strong demand for securities with requests for that period of 3.616 million euros, and favorable market conditions public debt, to allocate 725 million euros with a marginal rate of 0.000 percent and an average negative 0.002 percent.

Within twelve months, the Treasury also placed letters to historic lows, with a marginal rate of 0.01 percent, amounting to 3,920 million euros compared to requests for 7586000.

In both periods, the state treasury placed 4.646 million euros, in line with the goal of issuing 4,500 million euros altogether.

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