In a statement, the IGCP – Treasury and Public Debt Management Agency specified that the OTs to be auctioned today expire, respectively, on October 10, 2034 (around 10 years) and on June 18, 2038 (around 14 years).
In previous comparable auctions, on April 10, IGCP placed 1,523 million euros, above the maximum indicative amount, in OT for approximately 10, 14 and 21 years, respectively at rates of 2.937%, 3.227% and 3.433%.
In ‘OT 2.25%’ which mature on April 18, 2034 (around 10 years) 641 million euros were placed at an interest rate of 2.937% and demand reached 803 million euros, 1.25 times the amount placed.
In ‘OT 3.5%’ maturing on June 18, 2038 (around 14 years), IGCP placed 353 million euros at an interest rate of 3.227% and demand amounted to 496 million euros, 1 .41 times the amount placed.
In OTs with a longer term, ‘OT 4.1%’ maturing on February 15, 2045 (21 years), 529 million euros were placed at an interest rate of 3.433%, with demand reaching 667 million euros, 1.26 times the amount placed.
This set of three OT auctions was the fourth this year.
MC//CSJ
Lusa/End
