Spain sells 4.5bn eurs in bonds, 10-year yields up

May 7, 2015 3:22 PM

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Spain sells 4.5bn eurs in bonds, 10-year yields up

MADRID: Spain sold 4.5 billion euros ($5.1 billion) of debt at a triple bond auction on Thursday, including an inflation-linked bond, with yields rising on 10-year debt as fears of a deflationary cycle in the euro zone ease. Spain's Treasury sold 3.6 billion euros of the bonds due 2017 and 2025, within its target range of between 3 and 4 billion euros.

It also sold 885 million euros of the linker, due 2019, at the upper end of the target range. The Spanish Treasury had sold around 44 percent of its end-of-year target following the auction.

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