There are many people interested in investing in Treasury Bills and State Bonds. To do so, it is advisable to be informed of the evolution of previous auctions. According to data published by the Public Treasury, dependent on the Ministry of Economy, in yesterday’s auction, Tuesday, 2,540.06 million euros in bills were placed, in which the profitability offered was reduced to three months, but was increased to nine months. , obtaining a marginal interest of 2.516% and 2.495% respectively.
Even though heThe profitability of many Treasury issues has been reducingreflecting the evolution of the interest rates set by the European Central Bank (ECB), which currently stand at 3%, 3.15% and 3.40% for the deposit facility, the main operations of financing and the marginal credit facility respectively.
Despite this, there are many people interested in investing in this type of auctions. From the Treasury they hope to place andn the next one, which will take place on January 16, between 5,000 million and 6,000 million euros in an auction of State bonds and obligations, according to information collected by EuropaPress.
When are the next Letras el Tesoro auctions
When participating in auctions, you must take into account the different securities offered by the Public Treasury. In the case of Treasury Bills, the organization reports that they are “fixed income securities that do not pay periodic interest in the form of coupon, so its profitability or yield is calculated as the difference between the acquisition price and the face value or amortization price of the bill, which is 1,000 euros.”
These Letters They are issued every month 3, 6, 9 and 12 months, so that, with 12 months, the investor pays the Bills at the time of acquiring them, the acquisition price and 12 months later receives the face value.
For those interested in participating in them, auctions held on Tuesdays. They explain from the Treasury that “The auction for 6 and 12 month Bills takes place the week in which the monthly amortization of the Bills occurs and for 3 and 9 month Bills it will be the following Tuesday of each month, according to a calendar official.”
These are the upcoming dates of the Treasury Bill auctions at 3, 6, 9 and months:
- Letters for 3 months: January 16 and February 13.
- 6 month letters: February 6.
- Letters to 9 months: January 16 and February 13.
- Letters to 12 months: February 6.