The IGCP announced in a statement that it will conduct a treasury bill auction on June 18 at 10:30 AM, featuring the BT line maturing on May 22, 2026, with an indicative amount between 750 million euros and 1,000 million euros.
In the most recent BT auction held on May 21, the agency placed 1.5 billion euros in six and twelve-month treasury bills at an average rate of 1.947% and 1.949%, respectively.
According to IGCP’s page on Bloomberg, 600 million euros were placed in six-month treasury bills maturing on November 21, 2025, at an average rate of 1.947%, lower than those in the last two comparable auctions, with demand reaching 2.053 billion euros, 3.42 times the amount placed.
For the BT maturing on May 22, 2026 (one year), 900 million euros were placed at an average rate of 1.949%, with demand reaching 2.468 billion euros, 2.74 times the amount placed.
In the previous BT auction with a comparable maturity, on April 16, the IGCP placed 1.25 billion euros in 11-month BTs at an average rate of 1.974%.
