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Spain places government bonds for almost 6 billion, rates plummeting

In the morning, the Iberian Treasury placed 3- and 6-month government bonds for a total value of 5,64 billion euros – Yields in sharp decline: 3% for 1,73-month bonds, 6-month bonds months at 2,43%

Spain places government bonds for almost 6 billion, rates plummeting

This morning Spain placed 3 and 6-month government bonds on the market for a total of 5,64 billion euros, a much higher figure than what seemed to emerge in the intentions on the eve.

Rates are down sharply: for the 3-month bond auction, the Spanish Treasury snatched rates to 1,735% against 5,11% in the previous November 22 auction, while for the 6-month bond auction the yield fell to 2,435% from 5,227% of the previous placement.

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