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Spain 3-Year Bonos Auction

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Spain 3-Year Bonos Auction

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Status

 
Latest Release
Sep 05, 2024
Actual
2.531%
Previous
2.701%
The figures displayed in the calendar represent the average yield on the Bonos del Estado or BDE auctioned.

Spanish BDE bonds have maturities of between two to five years. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital.

The yield on the BDE represents the return an investor will receive by holding the treasury for its entire duration. All bidders receive the same rate at the highest accepted bid.

Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.
Importance:
Country:
Currency: EUR
Source: Tesoro Público
Spain 3-Year Bonos Auction
 
Release Date Time Actual Forecast Previous
Sep 05, 2024 04:15 2.531%   2.701%
Aug 01, 2024 04:30 2.701%   3.067%
Jul 04, 2024 04:40 3.067%   3.039%
Jun 06, 2024 04:30 3.039%   2.896%
Mar 21, 2024 04:55 2.896%   2.875%
Feb 15, 2024 04:50 2.875%   2.799%

News

Yields fall to record low as Spain sells 3-year debt
Yields fall to record low as Spain sells 3-year debt By Investing.com - Jan 16, 2014

Investing.com - Spain saw borrowing costs fall to the lowest level on record at an auction of three-year government bonds on Thursday, amid ongoing optimism over the health of the euro zone’s...

Yields decline as Spain sells 3- and 5-year debt
Yields decline as Spain sells 3- and 5-year debt By Investing.com - Nov 22, 2012

Investing.com - Spain saw borrowing costs decline at an auction of three- and five-year government debt on Thursday, as hopes for an imminent deal on an aid payment for Greece supported...

Spanish 3-Year Bonos Auction Discussion

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