On January 20th, the BNB held the first auction for 2025 for the issuance of government debt. 3-year securities for 150 million euros were successfully placed at an annual yield of 2.9%. For comparison, last year a 3-year issue was launched on the domestic market several times, with the average yield exceeding 3% at each reopening of the auctions, the BNB reported.
The last time a 3-year issue of government securities was placed was in July 2024, when it achieved a weighted average yield of 3.64%.
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