Spain and France to test investor confidence in bond auction

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
France and Spain are going to offer bonds worth в‚¬8.25 bn ($11 bn) in today's auction in order to reinforce euro zone's fire powers against contagion. Spain is planning to sell notes valued at в‚¬3.75 bn while France is going to offer bonds at в‚¬4.5 bn. The bond auction will examine investor confidence as Fed, ECB and four more central banks eased cost of dollar funding for Europe's banks. 

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