BLBG:Spain’s Five-Year Borrowing Cost Rises to 5.544% at 3.75 Billion-Euro Sale
Spain sold 3.75 billion euros of bonds at an auction, the Bank of Spain said, meeting the Treasury’s maximum target for the sale.
The average yield on the five-year bonds due January 2017 was 5.544 percent, compared with 4.848 percent when notes with a similar maturity were auctioned on Nov. 3. The April 2015 bond yielded an average 5.187 percent, compared with 3.639 percent the last time it was auctioned on Oct. 6.
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