Arab Today, arab today spain pays lower rates in fiveyear bond issue
Last Updated : GMT 07:32:33
Arab Today, arab today
Arab Today, arab today

Spain pays lower rates in five-year bond issue

Arab Today, arab today

Arab Today, arab today Spain pays lower rates in five-year bond issue

Madrid - AFP

Spain paid lower rates to raise 3.6 billion euros in a government bond auction on Thursday on a market that has relaxed because of European Central Bank intervention. Demand was strong, surpassing 6.3 billion euros, which allowed the treasury to meet its goal of selling between 3.0 and 4.0 billion euros in bonds, the Bank of Spain said in a statement.

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