Spain 5-Year Bonos Auction

In Spain, the government bonds (Bonos del Estado) are debt instruments issued by the government to finance its expenditures. The investor lends money to the government with the expectation of receiving a pre-agreed rate of interest in return. The government issues debt instruments in order to raise funds for infrastructure development and other government expenditures. The investor obtains a guaranteed recurring income that is paid out prior to the maturity date of the investment. However, even if bonds are intended to produce a fixed income, this does not imply that the yield will always be positive, as bonds may experience fluctuations in profitability relative to the anticipated return, as well as unintentional losses. When an investor purchases government bonds, they are essentially lending money to the government for a defined length of time. The government, in exchange, pays coupons to the investor, which are percentages of a particular amount paid at predetermined intervals. When the bond's maturity date comes around, the original investment amount is refunded to the investor. The day on which the investors receives their investment back is referred to as the maturity date. The maturity of the security varies depending on the bond type chosen: some have maturities of less than a year, while others have maturities of more than 30 years. The nominal value of government bonds is 1,000 euros, or a multiple of that amount. Unlike government bills, interest on securities is paid on coupons at predetermined intervals. Although just one payment of interest is made per year, both the amount and terms of the payment are established in advance, even before the bond is issued. Government bonds can also be bought without a predetermined coupon, in which case the interest rate may be determined by the rate of inflation at the time the bond is purchased. There is a wide range of amortization terms available for government bonds, ranging from 3 to 5 years for Bono bonds to 10, 15, 30 or 50 years for the Obligación type. The sole difference between these two sorts of bonds is the length of time they have to be paid back, and this distinction is only seen in the legal system of Spain. Once the 5-year time has expired, the name of the first type of bonds Bono is changed to Obligación, which means obligation.

A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.

Source:  Tesoro Público
Category:  5 Year Note Yield
Units:  Percent
Details
Impact: Low
Country:
Currency: EUR
Latest Release
Previous: 2.974%
Consensus:
Actual: 2.877%
Next Release
No data

Forex Sentiment (EUR)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
EURUSD
1.0800
-62 pips
1.0901
-39 pips
1.08623
Symbol Action Percentage Volume Positions
EURUSD Short 79% 25116.58 lots 82740
Long 21% 6539.60 lots 33842
41% of traders are currently trading EURUSD.
EURAUD
1.6226
-58 pips
1.6372
-88 pips
1.62844
Symbol Action Percentage Volume Positions
EURAUD Short 43% 1123.97 lots 5516
Long 57% 1498.57 lots 7659
9% of traders are currently trading EURAUD.
EURJPY
162.8362
-690 pips
167.1382
+260 pips
169.740
Symbol Action Percentage Volume Positions
EURJPY Short 85% 2818.56 lots 8500
Long 15% 493.33 lots 2354
5% of traders are currently trading EURJPY.
EURCAD
1.4714
-83 pips
1.4798
-1 pips
1.47972
Symbol Action Percentage Volume Positions
EURCAD Short 89% 2470.84 lots 10514
Long 11% 294.23 lots 1926
8% of traders are currently trading EURCAD.
EURCHF
0.9727
-158 pips
0.9934
-49 pips
0.98853
Symbol Action Percentage Volume Positions
EURCHF Short 91% 6644.91 lots 14741
Long 9% 642.98 lots 3508
9% of traders are currently trading EURCHF.
EURCZK
24.6754
-224 pips
25.0656
-3678 pips
24.69780
Symbol Action Percentage Volume Positions
EURCZK Short 50% 0.02 lots 1
Long 50% 0.02 lots 1
0% of traders are currently trading EURCZK.
EURGBP
0.8551
+4 pips
0.8585
-38 pips
0.85467
Symbol Action Percentage Volume Positions
EURGBP Short 14% 941.35 lots 4615
Long 86% 5636.21 lots 24587
17% of traders are currently trading EURGBP.
EURHUF
383.3014
-268 pips
387.9838
-200 pips
385.98
Symbol Action Percentage Volume Positions
EURHUF Short 23% 2.99 lots 28
Long 77% 10.27 lots 141
0% of traders are currently trading EURHUF.
EURNOK
10.2819
-13347 pips
0
+116166 pips
11.6166
Symbol Action Percentage Volume Positions
EURNOK Short 100% 0.16 lots 5
Long 0% 0.00 lots 0
0% of traders are currently trading EURNOK.
EURNZD
1.7705
-79 pips
1.7870
-86 pips
1.77838
Symbol Action Percentage Volume Positions
EURNZD Short 17% 377.40 lots 1660
Long 83% 1867.59 lots 7661
4% of traders are currently trading EURNZD.