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21 May 2013
Spain sells short-term debt at higher yields
FXstreet.com (Barcelona) - The Spanish Tesoro Público held a debt auction on Tuesday during which it sold a total of 3.511 billion euro worth of 3- and 9- month bills, exceeding the maximum target of 2.5-3.5 billion euros.
892 million euros of 3-month bonds were auctioned at an average yield of 0.331%, compared with 0.12% seen at the previous auction. 2.619 billion euros worth of 9-month bonds, were sold at an average yield of 0.789% versus the previous 0.787%.
892 million euros of 3-month bonds were auctioned at an average yield of 0.331%, compared with 0.12% seen at the previous auction. 2.619 billion euros worth of 9-month bonds, were sold at an average yield of 0.789% versus the previous 0.787%.