Spanish treasury places $5.01b on market

The Spanish treasury on Thursday placed treasury bonds worth 4.480 billion euros (5.01 billion U.S. dollars).

A total of 2.011 billion euros worth of three-year bonds carried an average interest rate of minus 0.098 percent and a further 1.319 billion euros worth of 10-year bonds fetched an average interest rate of 1.095 percent.

The treasury also placed 648 million euros worth of 30-year lifespan that carried an average interest rate of 2.115 percent, while the placement also included 502 million euros of inflation-linked bonds that fetched an average interest rate of 0.485 percent.

The Spanish treasury will hold three auctions more in September.

Source : XINHUA