Spain

Spain achieves successful bond sale


Published

Spain carried out a successful auction of government bonds yesterday achieving its lowest borrowing rate since February this year.

In all €4.61 billion in government bonds were sold with the average yield on 10 year bonds falling to 5.46% from an average of 5.91% this year. Three year bonds average yield fell to 3.23% from an average of 3.83% this year.

Bidding volumes were also higher this time than in previous auctions.

Tagged with:

More detailed briefing on the politics and risk of doing business in this country is available to clients and subscribers. If you would like to know more then please contact enquiries@tradebridgeconsultants.com