Best Government Bonds in Spain
Investing in Government Bonds is a key strategy for Spain residents looking to protect their savings. Currently, the European Central Bank (ECB) maintains the €STR rate at a level that significantly impacts many fixed-income products across the eurozone.
With an annual inflation rate of approximately 3.0% in Spain, finding yields that provide a positive real return after taxes of 19.0% is crucial for maintaining your long-term purchasing power.
Government Bonds Yields in Spain
| Type | Institution / Product | Gross Yield | After Tax | Real Yield | Status | Details |
|---|---|---|---|---|---|---|
| Government Bonds | Bono del Estado 10YES | 4.21% | 3.41% | +0.41% | Beats Inflation | 10-year Spanish government bond, long-term benchmark |
| Government Bonds | Bono del Estado 2YES | 2.64% | 2.14% | -0.86% | Loses to Inflation | 2-year Spanish government bond, fixed rate |
| Government Bonds | Letras del Tesoro 12MES | 2.30% | 1.86% | -1.14% | Loses to Inflation | Zero-coupon 12-month Spanish Treasury bill, sold at discount |
| Government Bonds | Letras del Tesoro 6MES | 2.18% | 1.77% | -1.23% | Loses to Inflation | Zero-coupon 6-month Spanish Treasury bill, sold at discount |