The Spanish domestic market experienced high volatility and activity in March, with trading volume more than doubling compared to the previous month. In terms of trading volume, 60% and 36% of Spanish domestic GOs were derived from 2023 and 2022 vintages, respectively. However, the forward market remained illiquid.
In the final week of March (Week 13), it was observed that there was an increasing interest for technology-specific GOs in the Spanish domestic market. Although the majority (76%) of the total weekly trading volume came from unspecified renewables (excludi…
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