How much does someone with 50,000 euros in Letras earn
With interest rates on the rise, more conservative savings products are becoming attractive. One of the most popular in recent years is Treasury bills. Read
As interest rates rise, conservative savings products like Letras del Tesoro are becoming more attractive. In November, 12-month Letras del Tesoro offered a marginal return of 3.068%, the highest since July 2024. These securities are issued at a discount, with investors buying for less than the nominal value and receiving the full amount at maturity.
For example, an investor who invested 50,000 euros in the last auction will have paid 48,466 euros and will receive 50,000 euros in 12 months, earning a gross return of 1,534 euros. The next Letras del Tesoro auction will take place on December 1.
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.
