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BOE-A-2026-16915 ·3 August 2026 ·Resolution Medium impact
Tax

Public Treasury: Call for auctions of Government Bonds and Obligations for 6 August 2026

The General Directorate of the Treasury and Financial Policy has authorised the issuance of various public debt instruments in August 2026. Auctions are being called for five-year Bonds and seven, ten, and fifteen-year Obligations (indexed to the harmonised ex-tobacco CPI) to meet investor demand (Art. 1 and 2). Additionally, the cancellation of the ordinary auction scheduled for 20 August 2026 is announced (Art. 8.2 of Order ECM/2/2026).

In 2 key points

  1. Issuance of 5-year Bonds (2.60%), 7-year Obligations (3.00%), 10-year (3.40%), and 15-year CPI-indexed Obligations (2.05%) (art. 2.1)
  2. The ordinary auction of Government Bonds and Obligations scheduled for 20 August 2026 is cancelled (art. 8.2 de la Orden ECM/2/2026)

How it affects those involved

For investors and financial institutions, interest rate conditions and maturities are established for the new debt issuances (Art. 2.1). The cancellation of the 20 August auction modifies the originally planned investment calendar. Investors interested in long-term tranches (up to 2039) have new inflation-indexed references available (Art. 2.1).

Lifecycle

2026-08-03PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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