2023-09-01 11:05:16
The total amount of State Bonds subscribed via the placing institutions following the first six days of the campaign amounts to 13,407,544,900 euros. In addition, 277,510 registrations were made via the Ledgers for an amount of 8,949,166,500 euros, the Debt Agency announced on Friday.
To date, the Agency has already received an amount of 6,695,463,495 euros on its account for these subscriptions. The final amount raised via the Ledgers will be included in the total campaign results which will be available on September 4th.
With this state bond, the federal government hopes to stimulate competition, encourage banks to raise their interest rates but also send a positive signal to the financial markets. Subscriptions were possible with the Agency until August 31 and still possible with banks until September 1. The final result will be announced on September 4.
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