Articles spain

The Spanish bonds are placed with the minimum percent in the history of

The Spanish bonds are placed with the minimum percent in the history ofAt the first auction which has taken place after the announcement of the plan of acquisition of the state and private assets by the European central bank (European Central Bank), the treasury of Spain managed to place with the minimum interest rates the state bonds for a period of 3 and 9 months for the sum of 2.561 million euros.

Financial bodies of the country planned to involve this time from 2 to 3 billion euro. Thus, the plan was executed, and percent on bonds appeared at the minimum historical level.

The Ministry of Finance of Spain placed bonds with a maturity date 3 months for the sum of 561 million euros. Demand for bonds exceeded the offer in 4,2 times, and percent on these bonds of 0,018 %. Besides, bonds by a maturity date of 9 months for the sum of 2 billion euro were placed. Demand for these bonds exceeded the offer in 2,6 times.