Monday, 07 January 2013 19:04
MADRID: Spain's Treasury said on Monday it aimed to issue between 4 billion euros ($5.22 billion)and 5 billion euros of debt at the first auction of the year on Thursday.
The Treasury will issue 2-year, 5-year and 13-year bonds.
Spain completed its 2012 funding program in October and continued to tap the market to finance to finance a larger-than-planned deficit.
This year, it must raise 207 billion euros in debt plus at least an additional 23 billion to finance its cash-strapped regions.
Center>Copyright Reuters, 2013