The Spanish Treasury announced that it will auction short‑term Treasury bills with maturities of six and twelve months on Tuesday, the first such auction in September after a summer break. Secondary‑market yields on the debt are currently about 3.7%.
Spain’s public treasury announced that it will conduct the last auction of August this week, offering short‑term Treasury bills with maturities of three and nine months, following the cancellation of the August 20 auction of longer‑term bonds.
The Spanish Treasury’s auction showed that nine-month bill yields have risen to 2.63%, matching levels from the end of 2024, reflecting broader increases in debt interest rates across the market.
The Spanish Treasury successfully placed 5.565 billion euros in bonds and obligations at higher yields. The only exception was 15-year government obligations where the offered yield moderated.