3 Month Bill Yield

The 3 Month Bill is a marketable security, distributed by the government to cover its short-term obligations. When buying it, you are lending money to the government and can expect some yield over time. Unlike notes, bills do not pay interest before maturity. Instead, the interest is the difference between the purchase price and the price paid at maturity.

Spanish 3-Month Bill Yields

Letras del Tesoro, declined on a monthly basis for June of 2017 by 14.82% compared to previous month’s value. Results were reported at -0.488%, lower than previous month’s value of -0.425%.