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Decent demand at Spanish debt sale

By FXstreet.com December 13, 2012, 05:08:00 AM EDT

FXstreet.com (Barcelona) - Spanish Tesoro held a bond auction n Thursday during which it managed to sell a total of 2.024 billion euros worth of 2015, 2017 and 2040 bonds out of the targeted 1-2 billion euros.

681 million of bonds maturing in October 2015 were sold at an average yield of 3.358%, in comparison with 3.9% seen at the previous auction. 803 million euros of bonds maturing in July 2017 yielded 4.20% (versus the prior 4.766%), while 540 million euros of July 2040 bonds yielded 5.893% (versus 4.782%).




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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