La rentabilidad de las Letras a 9 meses se dispara hasta el 2,96%
A tres, el rendimiento escala hasta el 2,63%. Leer
The profitability of 9-month Treasury bills has surged to 2.96%, according to the latest auction data. Over the past month, the yield of Spain's state-owned securities has reached its highest level since September 2024. This jump pushes the return of 9-month Treasury bills to a level just below that of 12-month securities, which increased dramatically last week to 2.99%.
Short-term bills, with a maturity of only three months, have also seen a rise in profitability. They have jumped from 2.45% to 2.63%, marking the highest level since November 2024. The auction, marked by heightened market tensions, saw strong demand. The Spanish Public Treasury placed 2.133 billion euros, with 1.382 billion in 9-month bills and the remaining 751 million in 3-month bills. The auction was oversubscribed by 2.2 times.
The growing interest of families in this product is evident as the returns of Treasury bills across all maturities continue to increase. Individual investors' participation, measured by non-competitive bids, reached 347.5 million euros, surpassing the 307 million euros recorded in last month's auction.
Written by urgent.news from Expansion ES's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
