Spain to issue up to 6.5bn euros in debt this week

Monday, 16 July 2012 18:23

Posted by Shoaib-ur-Rehman Siddiqui

672

MADRID: Spain's Treasury said on Monday it will issue between 4.5 billion euros ($5.5 billion) and 6.5 billion euros in 12- and 18-month T-bills and bonds this week.

Spain will sell from 2.5 billion euros to 3.5 billion euros in 12-month and 18-month T-bills on Tuesday and 2 billion to 3 billion euros of three bonds on Thursday.

The longer-term debt for sale include a bond maturing Oct. 31, 2014 with a 3.3 percent coupon, a bond maturing July 30, 2017 with a 5.5 percent coupon, and a bond with a maturity date of Oct. 31, 2019 with a 4.3 percent coupon.