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BOE-A-2026-9178 ·27 April 2026 ·Resolution Low impact
Tax

Financial institutions: Treasury liquidity auction on 4 May with 42-day operations

The General Directorate of the Treasury and Financial Policy has announced a liquidity auction for temporary asset purchase operations (Art. 1). The auction will take place on Monday 4 May, with the results being effective from 6 May to 17 June, and a duration of 42 days for the operations (Art. 1). The operations will be governed by the general conditions of the Resolution of 15 December 2023 (Art. 2).

In 2 key points

  1. The auction will be held on 4 May with operations lasting 42 days, Art. 1. (art. Primero)
  2. High-rate requests must be at least 100 million euros, with amounts above that in multiples of 10 million euros, Art. 3. (art. Tercero)

How it affects those involved

Participating financial institutions may conduct temporary asset purchase operations at a fixed interest rate (Art. 3). Requests at the highest rate must be for at least 100 million euros, and any amount exceeding this must be in multiples of 10 million euros (Art. 3). In the event of a second round, only entities that were successful bidders in the first round may participate (Art. 3).

Lifecycle

2026-04-27PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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