Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SpainSpain 5-Year Bonos Auction fell to 2.95% in May 2026
FMPMonthlyReleased June 2026
Spain 5-Year Bonos Auction fell to 2.95% in May 2026, released June 2026, down 0.01% from April's 2.96% reading.
Latest Release
2.947000
Actual
—
Consensus
2.959000
Previous
Sigmacast Track Record
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).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.94 | COMMODITIES | Bearish XAU | → View |
| S&P 500 | ▼ Inverse | −0.57 | INDEX | Bearish S&P 500 | → View |
| BTC/USD | ▼ Inverse | −0.38 | CRYPTO | Bearish BTC | → View |
| EUR/USD | ▼ Inverse | −0.35 | FOREX | Bearish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
5-Year Bonos Auction (Spain) was reported at 2.95% in June 2026. The reading fell from the previous value of 2.96%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 2.63%, ranging from 2.44% to 2.96% across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 2.95%, up from the prior three at 2.52%. Volatility over the past year (σ 0.21%) is comparable than the prior year (σ 0.21%). In June readings over the past 3 years, 5-Year Bonos Auction has averaged 2.71%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU). A secondary relationship exists with S&P 500, negatively correlated (Bearish S&P 500).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Balance of Trade (Jun 23) and Gross Domestic Product QoQ (Jun 25).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
SHARE
5-Year Bonos Auction - ES
Loading chart data...
About 5-Year Bonos Auction — Spain
DEFINITION
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.
WHY THIS INDICATOR MATTERS
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.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 2.947 %. Prior reading (May 2026): 2.959 %. Before that (Apr 2026): 2.911 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with XAU/USD (Bearish XAU, r=-0.94) — a useful reference for commodities-focused traders.