THE IGCP announced this Monday that it expects to achieve in the fourth quarter of this year the two auctions of Treasury Bonds (OT), with expected job placements of 750 to 1,000 million euros for the operation.
THE IGCP – Agency and Treasury Management of the Public Debt released this Monday in a statement the Lines of Action for the fourth quarter, during which "provides for the realization of a two auctions of OT, being expected placements 750 to 1,000 million euros per auction".
The auction will have the participation of Specialized Operators to the Values of the Treasury and the Operators of the Primary Market and may be carried out in the second, fourth, or fifth Wednesday of each month, after the announcement of the indicative amount and the lines OT reopen until three working days before the respective date of the auction, explains the IGCP.
with regard to The Treasury bills (BT), the 19th of October is scheduled the re-opening of a line of three months and 11 months, with an indicative amount of between 750 and 1,000 million euros.
To the 16th of November is expected the reopening of a line in the six months, as well as the launch of a line of BT for 12 months and the indicative amount between 1,500 and 1,750 million euros.
In December, for day 7, are provided for the reopens than one line in three months and another 11 months, with an indicative amount of between 750 and 1,000 million euros.
THE IGCP also states that:
will Monitor actively the evolution of the market conditions, may make adjustments to these lines of action".