Households and businesses lead the fever for Treasury Letters
Al calor de la fuerte subida de las rentabilidades. Leer
Spanish households and companies are investing heavily in Treasury bills, driven by rising returns, amid high inflation. As of July, households held €22.081 billion in Treasury bills, a 15.8% increase from the start of the year, while companies held over €4 billion, an 18.6% increase. The returns on Treasury bills have risen to between 2.45% and 2.83%, making them an attractive investment option. Experts predict that returns on longer-term Treasury bills may reach 3% in the next auctions, scheduled for October 6 and 13.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.