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Spain 5-Year Bonos Auction climbed to 3.26% in August 2026, released September 2026, up 0.25% from July's 3.01% reading.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.55 | COMMODITIES | Moves against | → View |
| GBP/USD | ▼ Inverse | −0.31 | FOREX | Moves against | → View |
| EUR/USD | ▼ Inverse | −0.25 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
5-Year Bonos Auction (Spain) was reported at 3.26% in September 2026. The reading rose from the previous value of 3.01%. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 2.77%, ranging from 2.44% to 3.26% across 11 releases.
The indicator has been trending upward over the last three releases. The trailing three releases averaged 3.03%, up from the prior three at 2.95%. Volatility over the past year (σ 0.26%) is higher than the prior year (σ 0.17%).
Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU). A secondary relationship exists with GBP/USD, negatively correlated (Bearish GBP).
The next release is scheduled for September 17, 2026. Same-country events in the next 14 days include Balance of Trade (Sep 22) and Retail Sales MoM (Sep 29).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
The 5-Year Bonos Auction is a financial indicator that measures the demand and interest rates for Spanish government bonds with a maturity of 5 years. This auction is conducted by the Spanish Treasury to raise funds for the government and provides insight into the country's economic stability and investor confidence. The results of the auction can impact the overall bond market and serve as an important indicator for investors and policymakers.
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
Latest reading (Sep 2026): actual 3.255 %. Prior reading (Aug 2026): 3.005 %. Before that (Jul 2026): 2.835 %.
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with XAU/USD (Bearish XAU, r=-0.55) — a useful reference for commodities-focused traders.
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