BOE-A-2026-11617 ·29 May 2026 ·orden Low impact
Tax

Public Treasury: Publication of results for the June 2026 ten-year Government Bond issue

This Order establishes the final characteristics of the first tranche of ten-year Government Bonds denominated in euros, following the syndication procedure set out in Order ECM/525/2026. The nominal interest rate is set at 3.40%, the subscription price at 99.600%, and the total amount awarded at 13,000 million euros (Art. 1). Furthermore, administration, subscription, and placement fees are set at 0.175% of the nominal amount (Art. 3).

In 3 key points

  1. Awarded nominal amount of 13,000 million euros with a nominal interest rate of 3.40%, Art. 1 (art. 1)
  2. Administration, subscription, and placement fees of 0.175% of the nominal amount, Art. 3 (art. 3)
  3. Reporting of the distribution by entity before 15:00 on 2 June 2026, Art. 4 (art. 4)

How it affects those involved

For the financial institutions part of the successful syndicate, the regulation formalises the economic terms of the operation and the right to receive fees of 0.175% (Art. 3). For the financial market, it defines the yield to maturity of the issue at 3.448% (Art. 1.e). The syndicate is required to report the distribution by entity before 15:00 on 2 June 2026 (Art. 4).

Lifecycle

2026-05-29PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.
PDF on boe.es

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