Spain gains 3.1 billion Euro on bonds

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Source: Reuters
On Thursday, Spain sold 3.1 billion Euro of debt, but low expectations of ECB's decisive action pressured the country to pay bigger yields compared to a month ago on its 10-year notes. Demand dropped, with bid-to-cover ratio at 2.4 from 3.2 in previous month. A bond maturing July 30, 2014 sold 1.1 billion Euro at 4.774% yield. A bond due October 31, 2016 was at 5.971% yield.
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Thu, 02 Aug 2012 11:32:56 GMT

Palladium dropped on bleak demand prospects

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