Spain faced rising borrowing costs at debt sale

Note: This section contains information in English only.
Source: Forexpros
Spain faced rising borrowing costs at Tuesday's auction where the country was selling three and six-month sovereign bonds. Spain sold 1.6 billion Euros of bonds with maturity in three months with average yield of 2.362% as compared to a yield of 0.846% at auction in May. Meanwhile, the country also sold 1.48 billion Euros of six-month bonds with average yield of 3.237% versus 1.737% at auction in May.

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