The Treasury expects to capture up to 4,500 million this Thursday in its last auction of September

MADRID, 15 Sep. (EUROPA PRESS) -

The Public Treasury will return to the markets this Thursday with an auction of State bonds and obligations with which it hopes to raise between 3,500 million and 4,500 million euros, according to the emission targets published on its website.

Specifically, 5-year government bonds will be auctioned, with a 0% coupon; State bonds with a residual life of 3 years and 1 month, with a 2.15% coupon, and State bonds with a residual life of 7 years and 7 months, with a 0.5% coupon.

With this Thursday's broadcast, the body dependent on the Ministry of Economic Affairs puts an end to the auctions for the month of September.

This same week, the Treasury placed 1,938.35 million euros in an auction of 3 and 9-month bills, in the expected medium range, and did so by remunerating investors with much higher interest and returning to 2013 rates after the rate hike by the European Central Bank (ECB).

In recent auctions, the Treasury has had to pay investors more for debt securities, coinciding with rate hikes by the Fed and increases in the price of money also by the ECB.

In accordance with the financing strategy, the Public Treasury maintains the net debt issuance forecast for 2022 at 75,000 million, practically similar to the figure for 2021 (75,138 million), while it estimates that the gross issuance will be reduced by 10% compared to last year, up to 237,498 million euros.

As in recent years, the bulk of the expected gross issuance will be concentrated in Treasury bills and in government bonds and obligations.