Spain has sold long-term debt worth €2.6 billion, Financial Times reports. The government auctioned €1.8 billion of benchmark 10-year bonds at an average yield of 5.9%. It also issued €814 million of 15-year bonds sold at a yield of 6.19%. The Spanish treasury had set a low minimum target of €1.75 billion. On July 19, 2011, Spain offered short term debt in an auction of 12-month bills.

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