Spanish treasury places 4.813b euros on market

Xinhua, MADRID: The Spanish treasury on Thursday placed 4.813 billion euros on market (5.440 billion US dollars) registering a high demand of more than 10.7 billion euros. A total of 1.835 billion euros worth of three-year lifespan carried an average interest rate of 0.402 per cent, while a total of 1.415 billion euros worth of five-year lifespan carried an average interest rate of 1.06 per cent. The placement also included 1.562 billion euros worth of 10-year lifespan that carried an average interest rate of 2.145 per cent. So far, the Spanish treasury placed around 116 billion euros of medium and long term debt on the market, which represented 81.7 per cent of the country's financial goals for the year of 141.996 billion euros. (1 euro=1.13 U.S. dollars).

 

Spanish treasury places 4.813b euros on market

Xinhua, MADRID: The Spanish treasury on Thursday placed 4.813 billion euros on market (5.440 billion US dollars) registering a high demand of more than 10.7 billion euros. A total of 1.835 billion euros worth of three-year lifespan carried an average interest rate of 0.402 per cent, while a total of 1.415 billion euros worth of five-year lifespan carried an average interest rate of 1.06 per cent. The placement also included 1.562 billion euros worth of 10-year lifespan that carried an average interest rate of 2.145 per cent. So far, the Spanish treasury placed around 116 billion euros of medium and long term debt on the market, which represented 81.7 per cent of the countrys financial goals for the year of 141.996 billion euros. (1 euro=1.13 U.S. dollars).