Spain 3-Month Letras Auction

Country: Spain, EUR
Importance:
Low
Sector: Market
Source: Tesoro Publico
Last release
Actual
2.239%
Forecast
—
Previous
2.154%
Next release
Actual
Coming in 24 days
Forecast
—
Previous
2.239%
Actual
Forecast
2 years 5 years All time
Date (GMT)
Reference
Actual
Forecast
-0.507%
—
-0.526%
—
-0.610%
—
-0.465%
—
-0.431%
—
-0.485%
—
-0.449%
—
-0.488%
—
-0.425%
—
-0.417%
—
-0.487%
—
-0.415%
—
-0.402%
—
-0.477%
—
-0.535%
—
-0.396%
—
-0.387%
—
-0.243%
—
-0.351%
—
-0.327%
—

3-Month Letras Auction represents the average percentage yield on Letras del Tesoro bills having maturities of three 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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