Spanish Treasury Withdraws Commerzbank's Status as Spanish Public Debt Market Maker
01 Jul 2026
Effective: 02 Jul 2026
27 views
Who is affected:
Commerzbank AG and Spanish public debt market; institutional investors in State bonds
Summary
The Spanish Treasury has withdrawn Commerzbank AG's status as a public debt market maker for failing to meet its obligations since February 2026. The bank ceased participating in auctions and guaranteeing liquidity in the secondary market.
Detailed analysis
PRO
The General Secretariat of the Treasury and International Financing has revoked Commerzbank AG's status as Market Maker for Spanish Treasury Bonds, Obligations and Bills, which it held since 2009 and 2011 respectively. The reason is continued non-compliance for more than three consecutive months of its essential obliga…
Full official title
Resolución de 30 de junio de 2026, de la Secretaría General del Tesoro y Financiación Internacional, por la que se retira a Commerzbank, AG, la condición de Creador de Mercado de Deuda Pública del Reino de España.