Slight rise in the risk premium after the announcement of the 20-year syndicated bond
The risk premium has rebounded slightly this Tuesday to settle at 91 basis points after the Treasury launched its first syndicated 20-year bond for a minimum amount of 12,000 million.
The spread was placed below 90 points last week after the European Central Bank expanded its pandemic asset purchase program (PEPP) by € 600 billion, thus reaching a 'firepower' of 1, 35 billion euros.
Despite the rebound on Tuesday, the Spanish risk premium manages to stay at pre-crisis levels of the coronoavirus, when the Spanish economy had not yet suffered the stoppage of activity derived from confinement.
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