Madrid, December 7 (EFECOM).- The Spanish Ministry of Finance will hold this Tuesday the last auction of 2025, involving bonds with maturities of three and nine months. This offer is made when the organization has already implemented practically all of its medium and long-term financing program planned for the year.
The last time the organization appealed to the market was last Thursday, when it sold €3.359 million in three different denominations of debt securities as part of its final bonds and debenture auction of the year.
This auction, which saw mixed interest, saw demand from investors amounting to almost double the amount placed.
Two days earlier, on Tuesday, the Finance Ministry issued 4.975 million euros in six- and 12-month notes, with a higher marginal interest rate in both cases, which remained above 2% in the latter.
Yields for three- and nine-month bonds were mixed at the Treasury’s last sale on Nov. 11.
The nine-month notes were issued with a higher marginal yield of 1.976% (September level), the three-month notes with a lower yield of 1.926%.
With Tuesday’s offer, the Treasury Department is completing its official auction calendar for 2025, as the auction for bonds and bonds scheduled for December 11 has not yet been called. EFECOM