The Spanish Treasury has placed on the market for 5 and 2 year securities which immediately recorded a sharp rise in interest rates in today's auction compared to that of last September. The rise is certainly attributable to the climate of great uncertainty for the future of the euro area.
They were especially awarded 2,928 billion in five-year bonds at a rate of 4,848% up sharply compared to the 4,489% recorded on 1 September at the previous auction.
On the other hand, no comparison is possible for the 1,562 billion euro of 'atypical' securities placed, again this morning, with a 2-year maturity.
