The 30-Year Obligacion Auction represents the sale of long-term sovereign debt by the Spanish Treasury (Tesoro Público). These bonds have a maturity of 30 years and are a key indicator of investor confidence in Spain's long-term fiscal stability and economic outlook. The auction results, specifically the average yield and the bid-to-cover ratio, are closely watched by fixed-income investors to gauge market demand for Spanish debt.
The auction is conducted via a competitive bidding process where institutional investors submit bids for yield and quantity. The Treasury accepts bids starting from the lowest yield until the target issuance volume is met.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Jul 16, 2026 | 4.29 | — | — |
| Nov 20, 2025 | 4.04 | — | — |
| Sep 18, 2025 | 4.07 | — | — |
| May 8, 2025 | 3.97 | — | — |
| Feb 6, 2025 | 3.69 | — | — |
| Nov 7, 2024 | 3.88 | — | — |
| Jun 6, 2024 | 3.85 | — | — |
| Jan 4, 2024 | 3.69 | — | — |
| Nov 2, 2023 | 4.46 | — | — |
| Sep 7, 2023 | 4.19 | — | — |
