Lower Interest Debt

EP public Treasury has exceeded the challenge posed to markets. Get more place than expected and a lower interest. Of those millions, 731 were obligations 20 years after vista. The State Treasury has exceeded the challenge that had been raised to the markets put 4.763 billion in bonds, more than the expected maximum, of which 731 million have been obligations to 20 years, an unusual role in the Treasury portfolio. In particular, the Agency has placed 731 million in obligations with 5.75% coupon and maturity at July 30, 2032. Demand has exceeded 2.1 times offered by the Treasury and the half interest has been located at 6,328%. In addition, the Treasury has placed 992 million in bonds with a coupon of 3.75% and expiration to October 31, 2015. In this case, demand exceeded 2.8 times the offer of the Agency and the average rate has gone from 3,956% registered in the previous occasion (October 4) to 3,660% today. A test important finally, the body has issued 3,040 million in a new reference of bonds to 5 years with coupon of 4.50%. Demand exceeded the amount that the Treasury has brought to the market and the interest in 1,6 times means of this type of paper has been located at 4,680%. In any case, Treasury has passed an important test, since he decided to take advantage of improved markets to sell bonds to 20 years, while not aired paper over the 10 years since the month of July 2011. In addition, this has been the first auction that takes place after the re-election of Barak Obama in EE UU and after knowing the latest economic forecasts from the European Commission, posed figures more pessimistic than the Government, and they predict that Spain will not meet the deficit goals. See more: Spain passes the test and placed 4.763 billion in debt to medium and long term to lower interest

World Championships

Taking advantage of the framework of the first race for the Championship of Spain of Motocrosscho contest. The successful debut of the new 350 SX-F during the last World Championships for MX1 that swept away final shape at the hands of Antonio Cairoli, has reinforced the potential of the brand in this discipline, which will also exploit two officers pilots who presented KTM in this Championship of Spain 2011, the current champion of MX2 Jose a. ButronReturns to the brand that saw him grow and Francisco Millan, who continues a year with us, both at the controls of the new KTM 350 SX-F. With regard to category MX2, KTM Spain will align three young pilots on paths KTM 250 SX-f: Jose Luis Martinez (3 classified 2010), Antonio Ortuno and Nil Arcarons, nephew of our former Dakar. The debut of all of them in this first test of the Championship of Spain only fits qualify as excellent. In their first contact in race with the new 350 SX-F, Butron was head on both sleeves, signing his first podium, While in MX2, Martinez Ortuno led and the provisional category after two runs excellent, including one.Continue reading news original author and source of the article