Post by account_disabled on Jan 17, 2024 8:12:33 GMT 3.5
The Spanish Public Treasury will appeal to the market again this week in an auction that will be held on Tuesday, August 11, for six- and twelve-month bills, when it has already completed 81.6% of its liquidity needs for this entire year. The last auction held by the Treasury was on August 6 and in it it placed 4,572.55 million euros in medium and long-term debt of various denominations, which was settled at lower rates. With what was obtained in this bid, the first held after European leaders reached an agreement on the economic recovery fund, the Treasury has already raised 151.
9 billion euros in the year. This represents 81.6% of the medium and long-term emission forecast that the State set for this year (186,000 million euros). Last May, the Treasury reviewed its financing program planned for 2020 as a result of the Whatsapp Number List crisis generated by the coronavirus, and increased both the gross and net issuance estimated at the beginning of the year by around €100 billion. In the new scenario, in which the State will have to face significant expenses.
due to the approved measures and will see its income reduced due to the economic contraction, the Treasury calculated gross financing needs for this year of 297,657 million euros. Of them, almost 186,000 million (185,969 million) are expected to be financed through bonds and obligations, and 111,688 million, through bills. In addition to Tuesday's auction, the Treasury will hold another bid for three- and nine-month bills on the 25th. The issuance of bonds and obligations scheduled for August 20 has not been called.
9 billion euros in the year. This represents 81.6% of the medium and long-term emission forecast that the State set for this year (186,000 million euros). Last May, the Treasury reviewed its financing program planned for 2020 as a result of the Whatsapp Number List crisis generated by the coronavirus, and increased both the gross and net issuance estimated at the beginning of the year by around €100 billion. In the new scenario, in which the State will have to face significant expenses.
due to the approved measures and will see its income reduced due to the economic contraction, the Treasury calculated gross financing needs for this year of 297,657 million euros. Of them, almost 186,000 million (185,969 million) are expected to be financed through bonds and obligations, and 111,688 million, through bills. In addition to Tuesday's auction, the Treasury will hold another bid for three- and nine-month bills on the 25th. The issuance of bonds and obligations scheduled for August 20 has not been called.