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Author Topic: Spain Government Bonds  (Read 809 times)

MikeLigalig.com

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Spain Government Bonds
« on: January 14, 2011, 07:27:55 AM »
Spain has raised 3bn euros ($3.9bn; £2.5bn) in an auction of five-year government bonds.

The average yield on the bonds was 4.542%, which was nearly one percentage point higher than the rate reached in the last auction in November.

However, analysts had feared the yield would be even higher.

The debt sale, which follows a similar auction by Portugal on Wednesday, is soothing fears over the eurozone's ability to service its debts. - BBC

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