Decent demand at Spanish bond auction

FXstreet.com (Barcelona) - Spain held a bond auction on Tuesday during which it managed to sell 3.5 billion worth of 3- and 6-month government bonds at higher yields in case of the former and at lower yields in case of the latter.

967 million of 3-month bonds were sold at an average yield of 1.41%, compared with 1.20% seen at the previous auction. 2.6 billion of 6-month bonds were sold at an average yield of 2.02%, versus the previous 2.21%.

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