The Spanish Treasury awarded 867 million in 3-month Bills and 1,204 million in 9-month Bills in the auction held on August 14, 2026, with interest rates of 2.39% and 2.61% respectively.
Investors, financial institutions and treasury managers operating with Spanish public debt
The EU corrects drafting errors in the directive on refund of excess withheld taxes in cross-border investments. The changes are purely textual and do not alter the substance of the regulation.
Financial intermediaries, cross-border investors and EU tax authorities
Drafting errors in the European regulation on administrative cooperation in VAT are corrected. It affects special VAT schemes for cross-border e-commerce.
Cross-border e-commerce companies covered by OSS/IOSS VAT schemes in the EU
The Bank of Spain sets at 2.848% the yield on public debt with a 2-6 year maturity for July 2026. This figure is an official reference interest rate for banking products.
Holders of loans indexed to this rate and financial entities
The Tax Authority restores the tax identification number to 63 companies that had it cancelled, allowing them to operate normally with the Administration.
63 commercial companies with restored NIF and their partners, suppliers and creditors
The Treasury issues public debt in August 2026 with auctions on August 6. Four bond references are offered at 5, 7, 10 and 15 years with rates between 2.05% and 3.40%.
Institutional investors, Market Makers and financial entities operating in public debt
The Treasury awarded nearly €900M in 3-month Bills and €1,230M in 9-month Bills. Interest rates stood at approximately 2.37% and 2.62% respectively.
Public debt investors, investment funds and financial institutions
The AEAT restores the NIF to companies that had it cancelled due to tax non-compliance. Without an active NIF, a company cannot operate legally or issue invoices.
Companies and entities with NIF previously revoked by the Tax Authority that have regularized their situation
Norwegian companies included in the European emissions trading system are exempt from CO2 tax on LPG and natural gas. This decision avoids double climate taxation.
Norwegian industrial and energy companies included in the EU ETS using LPG or natural gas
The Spanish Treasury has awarded 1,576 million in 6-month Bills and 4,041 million in 12-month Bills in the auction of July 10, 2026. Interest rates stand at around 2.38% and 2.50% respectively.
Investors in public debt, financial entities and savers in Treasury Bills