Spain managed to sell 4.8 billion of government debt

On Thursday, Spain sold its government debt worth 4.8 billion Euros, which is the biggest amount since January. The Treasury in Madrid managed to sell 3-year bonds for 3.94 billion Euros at the average yield of 3.845%, and 859 million benchmark 10-year government bonds at the average yield of 5.666%, compared to a 6.647% yield at a similar auction last month.