Spain sees strong demand, high cost in debt sale
Daniel Wools - The Associated Press
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AP Photo/Paul White
Brokers react in the stock exchange in Madrid. Spain raised nearly €2 billion ($2.6 billion) Tuesday in an auction of short-term debt which saw strong demand, though it had to pay sharply higher interest rates — a sign of investor wariness.
Brokers react in the stock exchange in Madrid. Spain raised nearly €2 billion ($2.6 billion) Tuesday in an auction of short-term debt which saw strong demand, though it had to pay sharply higher interest rates — a sign of investor wariness.
The Treasury sold €724 million in 3-month notes at an average interest rate of 0.63 percent, compared with 0.38 percent at the last such au
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