‘Tezaur’ one-year interest rate may rise in November: banks are already asking the state for 6.73%, exceeding the 6.50% offered by ‘Tezaur’ bonds

On Thursday, the state borrowed from banks for a one-year term at a yield of 6.73%-a higher cost than the 6.50% interest rate it offers the general public through ‘Tezaur’ bonds. For ten-year bonds, the situation is reversed: the public receives 7.75% through ‘Fidelis’ bonds, whereas banks received 7.18%. Regarding ten-year bonds, the state intentionally pays the public a higher rate, albeit on smaller total amounts than those borrowed from banks.