Tuesday, June 16, 2015

SPAIN: The Treasury back pay for their letters to six months before the … – EntornoInteligente

<- AUGURE_NOTICIA_INICIO -> SPAIN: The Treasury back pay for their letters to six months for fear of investors to default Greek / World / The Treasury paid again by his letters to six months for fear of investors to default on Greece, which has not yet reached an agreement on its financing Europe, a situation that has led to the Spanish risk premium climbing above 170 basis points, levels not seen since May 2014.

Thus, the agency has placed 684 million euros in letters to six months but the average interest rate, which had been negative in the last two auctions in April and May, has returned to positive territory, up to 0.126% -0.002% compared to the previous auction, while the marginal rate also It has risen from 0.000% to 0.135%.

In letters to twelve months, the Treasury placed 3.332 million euros and also had to increase the yield offered to investors. Specifically, the average interest rate rose from 0.015% from 0.248% at the previous auction on this occasion, while the marginal rate stood at the 0.275% against 0.019% the previous issue of the same paper .

In total, the Treasury has sold in the markets 4.016 million euros, within the medium range forecast, which was between 3,500 and 4,500 million.

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