Spain 12-Month Letras Auction

Country: Spain, EUR
Importance:
Low
Sector: Market
Last release
Actual
2.500%
Forecast
Previous
2.543%
Next release
Actual
Coming in 1 day
Forecast
Previous
2.500%
Date (GMT)
Reference
Actual
Forecast
0.363%
0.312%
0.288%
0.219%
0.160%
0.294%
0.384%
0.598%
0.556%
0.544%
0.618%
0.681%
0.726%
0.883%
0.678%
0.961%
1.367%
1.253%
1.503%
1.395%

12-Month Letras Auction represents the average percentage yield on Letras del Tesoro bills having maturities of 12 months. Since the yield rate can reflect Spain's government debt situation, an increase in the rate may precede the economic growth, while its decrease can be seen as an indication of a slowdown.

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