New investment opportunity for retailers. The Public Treasury of Spain opens the month of August with a new auction, which will take place next Thursday and will be the first debt auction of the month, in which bonds and obligations with four temporary periods will be put up for sale among investors different.
As detailed by the agency, that day 10-year State bonds, bonds with a residual life of 3 years and 9 months, bonds with a residual life of 4 years and 4 months and bonds with a residual life of 6 years will be put up for auction. and 3 months.
The Public Treasury pending from the ECB
4.25% in its last meeting on July 27, in which it left open the possibility of pausing the increases or increasing them again in future meetings.
New investment opportunities
The calendar established by the Treasury also states that the agency will hold two more auctions in August: one for 6 and 12 month bills (8th) and another for 3 and 9 month bills (16th). In this way, during this month, there will only be three investment opportunities.
The last auction scheduled for three weeks from now, more specifically for August 17, in which the Spanish treasury had the objective of placing State bonds and obligations, has been suspended.
In recent Treasury Bill bids, it has been common for demand to outstrip supply in a context of high appetite among small investors for this type of debt given the low profitability of bank deposits.
