The Spanish treasury successfully placed on Tuesday treasury bills to the value of 4.5 billion euros (6.099 billion U.S. dollars). A total of 1.634 billion euros worth of treasury bills with a three-month lifespan carried an average interest rate of 0.405 percent, which is considerably above the 0.294 percent of the previous auction held on Oct. 22. The remaining 2.867 billion euros worth of treasury bills with a nine-month lifespan fetched an average interest rate of 0.662 percent, slightly below the 0.682 percent of the previous issue and the lowest interest rate in history for nine-month treasury bills. The treasury registered a high demand in the case of nine-month treasury bills, which helped lower their average interest rate. However, the low demand registered in the case of three-month treasury bills made the average interest rate rise. So far, the Spanish treasury has placed around 125.1 billion euros on the market, which represented 99.98 percent of the total amount predicted for the year, 121.3 billion euros. Tuesday's auction was the last one of the month. The Treasury will hold more auctions on Dec. 5, 10, 17 and 19 before 2013 ends. (1 euro=1.36 U.S. dollars)
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor