Borrowing costs down at Spanish debt auction (Barcelona) - The Spanish Tesoro Público held its first debt auction in 2013 on Thursday, during which it sold a total of 5.82 billion euro worth of bonds, exceeding the maximum target of 4-5 billion euros.

3.397 billion euros of bonds maturing in March 2015 were auctioned at an average yield of 2.476%, compared with 3.282% % seen at the previous auction. 1.950 billion euros worth of bonds maturing in January 2018, were sold at an average yield of 3.988% versus the previous 4.68%. Bonds maturing in July 2026 yielded 5.555%.