The Treasury expects to place up tos

2011
09.29

The Treasury expects to place up to 4,000 on Thursday million in bonds to 5 years. Madrid, 30 ago () .- El Tesoro PUBLIC Thursday espaol expects to place between 3,000 and 4,000 million euros in bonds to five years, held an auction After two consecutive lower bids interests.
Specifically, in the previous auction held by the Treasury, the past gives August 23, won 2.941 million euros in points three and six months, and managed to pay less, Rift Platinum, interest.
Also in the auction of August 16, which claimed 5696.16 million in letters to twelve to eighteen months, the Treasury reduced interest.
The Treasury successfully ended with these two operations taking advantage of the calm that exists in the market for intervencin the European Central Bank (ECB), European sovereign debt acquired to stop the harassment of Italy and Spain, risk premia which reached maximums histricosa, world of tanks power leveling, early August.
Specifically, the first Treasury auction held in August, the day in April, claimed 3,300 million euros in bonuses to three years and three and a half years, and raised the interest to levels not seen since 2008.
That same day, the Treasury decides to cancel the auction PUBLIC obligations that tena scheduled to be held August 18, following its strategy of, dragon nest gold, previous years in which the lack of demand advised not to keep original timetable.
The Ministry of economists reject the Decision of the auction does not officially call was due to the stresses of the sovereign debt market were recorded at the time.
As the Treasury announced that the upcoming auction of debt titles PUBLIC espaol medium to long term hold this Thursday, September 1, with the placement of bonds to 5 years.
In the previous bid of these characteristics, on 7 July, and to plant 1496.66 million (in bonds to five years) to an interest of 4.891%, the highest since 2002 ms .

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