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You are here: Home»Markets»Fixed Income»Europe»Spain Treasury targets 5bn euros

euro- copyMADRID: 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


 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln