スペインの 財務省 は、3ヶ月の国債を金利 1'3%(前回は1'45%)で14億8234万0000ゆーろ、6ヶ月の国債は 金利が1'71%(前回は2'10%)で26億0522万0000ユーロ 発行。
España emite 4.000 millones en letras a tres y seis meses y baja los tipos de interés
El instituto emisor español reduce la rentabilidad de los títulos al 1,3% y al 1,45%
Álvaro Romero Madrid 27 NOV 2012 - 07:30 CET
Spain issued letters to 4,000 million in three to six months and low interest rates
The Spanish central bank reduces the profitability of the securities to 1.3% and 1.45%
Alvaro Romero Madrid 27 NOV 2012 - 07:30 CET
Spain continues to increase cash and debt to pay creditors in 2013 at a time of truce whenever markets has loosely covered its financing needs for this year. In its last auction in November, held on Tuesday, the Treasury has covered goals and has added another 4,000 million euros to cushion the state in letters at three and six months. In addition, full-hangover-positive in this case the agreement between Europe and the IMF to ease the Greece bailout program, has managed to reduce the interest.
At three months, the central bank has placed 1482.34 million with a marginal profit, which is the last before closing the operation, of 1.3%. A month ago had to offer 1.45%. With the letters issued to six months 2605.22 million. The maximum interest rate for this period was 1.71%, down from 2.10% previously, and which is the lowest rate since April.
In terms of demand, the appetite of investors for the role of the state, the collective have gained some weight internationals after his escape from the preceding months, has more than doubled the bid 11,204.5 million.
The Treasury had to close October 29319000 Bank account in Spain. Since then and with the auction on Tuesday, has issued debt for EUR 17.666 million. Against this amount, has faced payment commitments 5.426 million, giving a net balance in favor of the Treasury which will add 12,240 million to cushion the state. It also has one other issue 3,274,000 subscribed exclusively by the reserve fund of pensions over the past week. With all these funds can comfortably meet the 8640 million of debt maturing in December and 28,000 million to be returned to its creditors in the first month of 2013.
Apart from Spain, who also attended Tuesday to issue debt market was Italy. In your case, has placed 3,500 million two years and, to this end, has sufficed compromising lower profitability since October 2010 with a 1.923%. A qualitative leap in order to achieve leaving behind the crisis in the medium term, although demand has shown signs of exhaustion as it has not even doubled the offer. The last time Spain this term bonds issued in October had to offer 3.39%.
Along with these titles, the Italian Treasury also auctioned two more paper inflation-linked bonds to ten and fifteen years already in the market. With them, has placed 1,000 million, the maximum expected.
The EFSF issued 3,000 million after the setback caused by Moody's
The European Financial Stability Fund (EFSF) has posted on Tuesday 7,000 million euros in bonds with a maturity of one year at an interest rate of 0.22%. The operation was a demand of around 9,000 million. "This issue than a year has enabled us to not only complete the missing 3,600 million to close the funding this year, but advance the beginning of 2013," said Christophe Frankel, CFO temporary rescue fund.
The EFSF decided to make this issue a year as an alternative to the recent decision to delay for technical reasons an auction of three-year debt after Moody's removed the Triple A of France, which disallowed the long-term guarantees the country according with the statutes of the European rescue fund.
"Following the decision by Moody's on France, the new long-term emissions of the EFSF, currently with a note 'Aaa' by Moody's, and would not meet this criteria," he acknowledged entity in Luxembourg, on the other part, today has seen the European Court confirmed its legality. The court, which also is based in Luxembourg, has shattered demand Irish independent MP Thomas Pringle, arguing that its creation violated EU standards.
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