The month begins as usual with a new auction of Treasury BillsThis auction was already defined in the Treasury’s calendar, as is the case with future ones.
Treasury Bills are fixed-income securities that do not pay periodic interest and their profitability is calculated as the difference between the purchase price and the face value or the amortization price of the bill.
The last Treasury Bill auction took place on August 13, although in this case it was a three- and nine-month auction. On that occasion, the Treasury Bills were three months They obtained a marginal return of 3,215% and those of nine months of the 3,150%.
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Tuesday, October 1st
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Tuesday, November 5th
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Tuesday, December 3rd
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Tuesday, December 3rd
The profitability of six- and twelve-month Treasury Bills
In the last auction at six and twelve months, in August, the Public Treasury managed to place 5,187 million. In this auction at six and 12 months in September, the agency dependent on the Ministry of Economy, Trade and Business has managed to place 5.364 million euros.
As for the returns, for the Letters six months ago he marginal rate has been set at 3.242% this Tuesday compared to 3.267% of the auction held on August 6. Thus, it has managed to award 1,284,436 million.
In the 12 month bills 4,079,878 million have been collected 2,970% compared to 2.975% in the previous auction.
To invest in Treasury Bills, the minimum request is 1,000 euros and higher requests must be multiples of that amount. The Treasury’s strategy for 2024 foresees financing needs of 55 billion euros.
