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BOE-A-2026-14106 ·29 June 2026 ·Resolution Low impact
Tax

Investors: Government Bond and Obligation auctions on 2 July 2026

The General Directorate of the Treasury and Financial Policy has announced the public debt auction scheduled for 2 July 2026. The offering includes five-year Government Bonds (2.60%), ten-year Obligations (3.40%), inflation-indexed Obligations (1.15%), and ten-year Obligations maturing in 2034 (3.25%) (section 2). These issuances comply with the ordinary auction calendar established for 2026 (Resolution of 14 January 2026).

In 3 key points

  1. Debt auction scheduled for 2 July 2026 (section 1). (apartado 1)
  2. Issuance of five-year Government Bonds with an interest rate of 2.60% maturing on 31 May 2031 (section 2.1). (apartado 2.1)
  3. Issuance of ten-year Government Obligations with an interest rate of 3.40% maturing on 31 October 2036 (section 2.1). (apartado 2.1)

How it affects those involved

For investors and financial institutions, the resolution defines the technical characteristics and yields of the new debt issuances (section 2). Extension tranches for previous issuances are enabled to meet market demand. Investors are provided with equivalence tables between ex-coupon price and gross yield to assist in auction decision-making (equivalence tables).

Lifecycle

2026-06-29PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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