La Spain fills up on the debt market. This morning the Madrid Treasury placed government bonds with maturities in 2016, 2018 and 2026 for a total amount of 4,57 billion, thus exceeding the target of 4,5 billion.
I interest rates recorded a sharp decline: on 2016 maturities they fell from 2,792 to 2,247%, on 2018 Bonos from 3,257% to 2,789% and on securities up to 2026 from 5,555 to 4,336%.
In the wake of the good result of the Spanish auction, the Btp-Bund spread retraced from the highs of the day (266 pts), reaching again around 260 points.
