Spain hits top end of debt sale target, sees yields fall

FXstreet.com (Barcelona) - During a bond auction held by the Spanish Treasury on Thursday, the country managed to sell 3.992 worth of 2014, 2015 and 2017 government bonds, at the top end of the targeted demand. 3- and 5-year yields fell in comparison with what the country had to pay at the previous auction.

2-year bonds were sold at an average yield of 2.82%, slightly up from 2.79% registered last month. 3-year bonds were sold at an average yield of 3.956%, compared with 3.845% seen at the September 20 sale. Bonds maturing in 2017 yielded 4.766% (versus 6.459%).

Spain hits top end of debt sale target

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