HE public treasury invested €6,966 million in a new bond and liability auction this Thursdaytook place in the expected mid-range and awarded 1,441.23 million TL in the 20-year ‘green bond’ launched for the first time in 2021.
The Treasury has re-auctioned for the fourth time this ‘green bond’, which was released in September 2021. 1,441.23 million seizedCompared to the demand of 2,206.23 million, with a marginal interest of 3,812%, higher than the previous auction held in November 2022 (3,601%).
from public institution ‘Green’ bond expected to reopen in 2023 Contribute to the financing of Spain’s ecological transition commitments.
Investor appetite for Spanish bonds remains in the markets as joint demand for the four references auctioned in this second issue in April has exceeded €9,926 million, nearly double the amount ultimately awarded.
In addition to the 20-year green bonds, the Treasury issued 2,505.87 million Euro 3-year government bonds against a demand of 3,286.49 million, and the marginal interest was 3,022%, below 3.441% of the previous one. problem.
In 10-year Government bonds, the Ministry of Economy gave 2,539.67 million euros, below the claimed 3,499.77 million with a marginal yield of 3.416% above the previous 3.376%.
Finally, in 15-year inflation-indexed government bonds, The Treasury invested 479.26 million, below the 934.26 million that investors demanded.and the marginal rate fell slightly from 1.176 percent of the previous auction to the 1.065 percent offered on this occasion.
Invested in bonds of 4,840 million with interest over 3%
This This Thursday’s auction follows the issuance of 6- and 12-month bonds on TuesdayThe Treasury has placed 4,840 million euros within the expected average range, offering returns of over 3% in both cases.
The gross issuance amount of the Treasury this year will be 256,930 million euros. 8.2% increase over this year’s forecastdue to the increase in interest rates.
The Treasury’s net debt in 2023 will remain at 70,000 million. By instrument types, Treasury Bills are expected to provide 5,000 million net negative financing, while Government bonds and liabilities will contribute the remaining € 75,000 million and foreign currency denominated debt.