Gold Bank Of Spain
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Gold bank of spain. European central bank 1999 1. Welcome to banco de espana the spanish national central bank and banking system supervisor together with the european central bank ecb within the single supervisory mechanism ssm. And the scenes that the series portrays as taking place at the bank of spain in madrid were actually shot about 3 kilometers 19 miles north of the central bank at the ministry of public works. Interest rates and exchange rates.
None of these sales were announced in advance which is why we include them alongside belgium in red in our tables in the gold forecaster. The latest figures from the bank of spain show that after no gold sales cleared during june gold reserves were reduced by another 800000 ounces or 25 tonnes during july. It had originally been suggested. Bank of san fernando.
So far these sales represent 25. This page provides spain gold reserves actual values historical data forecast chart statistics economic calendar and news. This takes the banks disposals during this current calendar year to 134 tonnes and disposals under the second central bank gold agreement year to date to 48 million ounces or 149 tonnes. Gold in the possession of the bank of spain con sisted of american gold coins large quantities of which were purchased at a discount.
Of all the gold reserves kept in store in the basements of the bank of spain on july 18 1936 only came back the first ones the bank of spain deposited to the bank of france to back its credits. 13 interest rates on the secondary market for government and private securities. Interest rates and exchange rates. Only these two central banks are selling without a formal commitment to limited and described levels of sales.
This entire subject has been discussed in an article by paul p. 12 interbank market interest rates. Interest rates daily data 11 eurosystem monetary policy operations. 14 interest rates on the primary market for government securities.
The bank of spain added to its recent sales of 80 tonnes of bullion with another 28 tonnes of gold sold in may. The profit and loss account of the bank of spain shows that profits from the purchase of gold at a discount amounted in 1917 to 2997630650 pesetas and in 1918 to 284865351 pesetas. Reserves 623 billion 91 million troy ounces january 2019 preceded by. Oro de moscu or alternatively gold of the republic spanish.
This gold was deposited in mont de marsan and given back to spain after the french governemtn recognized the franco government in 1939. Gold reserves in spain averaged 36216 tonnes from 2000 until 2019 reaching an all time high of 52347 tonnes in the second quarter of 2000 and a record low of 28158 tonnes in the first quarter of 2014. Oro de la republica was 510 tonnes of gold corresponding to 726 of the total gold reserves of the bank of spain that were transferred from their original location in madrid to the soviet union a few months after the outbreak of the spanish civil warthis transfer was made by order of the government.
