The Spanish Treasury (Tesoro Público) regularly auctions Treasury Bills at 3, 6, 9 and 12 months. The marginal and average rate of each auction is a key benchmark for the short-term cost of public debt and the risk-free return for savers.
Where to check the auctions
The official calendar and results of each auction are published by the Spanish Treasury.
The results of the latest auction are updated automatically after the Treasury publishes them.
What Treasury Bills are
They are short-term public debt securities issued at a discount: bought below face value, with the return being the difference at maturity. They are backed by the State.
Auction calendar
The Treasury publishes an annual auction calendar (usually fortnightly for Bills). This page always shows the results of the most recent auction held.