Arab Today, arab today spain\s borrowing rates ease in debt sale
Last Updated : GMT 19:10:18
Arab Today, arab today
Arab Today, arab today

Spain\'s borrowing rates ease in debt sale

Arab Today, arab today

Arab Today, arab today Spain\'s borrowing rates ease in debt sale

Madrid - AFP

Borrowing costs for Spain eased on Tuesday when it raised 4.86 billion euros ($6.32 billion) in a sale of 12- and 18-month debt, a key test of confidence amid warnings the country may need bailing out. Investors bought the 12-month bonds at a 2.823-percent rate of return, slightly down from 2.835 percent in the last comparable sale on September 18, and the 18-month bills at 3.022 percent, down from 3.072 percent.

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