Government bond yield · Spain
Spain 5-Year Bonos Auction
The Spain 5-Year Bonos Auction is the yield on Spain's government debt of that maturity: the annual return an investor earns by buying the bond or bill at today's price and holding it to maturity.
- اهمیت
- Low
- منتشرشده
- Monthly
- ارز
- EUR · euro
- بانک مرکزی
- The European Central Bank (with the Banco de España)
آخرین ارقام
آخرین انتشار در 2026-11-05 منتشر شد و 3.338% بود. این کمتر از 3.482% در دفعه قبل است.
در 12 انتشار اخیر بین 2.577% و 3.558% بود، با میانگین 3.060%. سه انتشار پیاپی کاهش داشته است.
| منتشرشده | برای | واقعی | پیش‌بینی | قبلی |
|---|---|---|---|---|
| 5 Nov 2026 | – | 3.338% | – | 3.482% |
| 15 Oct 2026 | – | 3.482% | – | 3.558% |
| 17 Sep 2026 | – | 3.558% | – | 3.255% |
| 3 Sep 2026 | – | 3.255% | – | 3.005% |
| 6 Aug 2026 | – | 3.005% | – | 2.835% |
| 2 Jul 2026 | – | 2.835% | – | 2.947% |
| 4 Jun 2026 | – | 2.947% | – | 2.959% |
| 21 May 2026 | – | 2.959% | – | 2.911% |
| 16 Apr 2026 | – | 2.911% | – | 2.915% |
| 9 Apr 2026 | – | 2.915% | – | 2.934% |
| 19 Mar 2026 | – | 2.934% | – | 2.577% |
| 19 Feb 2026 | – | 2.577% | – | 2.512% |
چرا مهم است
Government yields are the base of every other interest rate. Short maturities follow the European Central Bank (with the Banco de España)'s policy rate closely; long ones reflect expected growth, inflation and the risk of holding long debt. Higher yields relative to other countries attract capital and support the euro; the gap between long and short yields (the yield curve) is a classic recession signal when it turns negative.
روش محاسبه
The yield is the interest rate that makes the present value of the bond's coupons and repayment equal to its price; on a calendar it often reports the average yield at a government auction.
Price = Σ coupon ÷ (1 + y)ᵗ + face ÷ (1 + y)ᵀ
Inflation-linked (TIPS) yield ≈ nominal yield − expected inflationتغییرات چه معنایی دارند
- Yields rise when prices of bonds fall: strong data and hawkish central banks push yields up.
- An inverted curve (2-year above 10-year) has preceded most US recessions, with a lag of a year or more.
- Inflation-linked yields show the real (after-inflation) return.
تاریخچه‌ای کوتاه
Government bond markets go back to the Dutch and English debt of the 17th century; the US Treasury yield curve has been watched as a recession signal since research by Campbell Harvey in the 1980s.
پرسش‌ها
What is the Spain 5-Year Bonos Auction?
The Spain 5-Year Bonos Auction is the yield on Spain's government debt of that maturity: the annual return an investor earns by buying the bond or bill at today's price and holding it to maturity.
What was the latest Spain 5-Year Bonos Auction?
3.338%, published on 5 November 2026.
فقط محتوای آموزشی است، نه توصیه سرمایه‌گذاری. ارقام نتایج منتشرشده‌اند که تقویم ما ثبت کرده است؛ واکنش‌های بازار که توصیف شده‌اند معمول‌اند، نه تضمینی.