Spain has raised €3.219 billion in sale of 10-year and 30-year government bonds, The Wall Street Journal reports. The Treasury sold €2.5 billion of 10-year bonds and €724 million of 30-year debt, adds Bloomberg.
The 10-year government bonds carried a coupon of 5.50% and are due to mature in April 2021, while the 30-year securities carried a 4.70% coupon and are set to mature in July 2041. The demand for the 10-year bonds was 1.83 times the amount sold, while the bid-to-cover ratio for the 30-year debt was 1.97.
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