MADRID: Spain sold 4.5 billion euros ($5.62 billion) of debt at a triple bond auction on Thursday, with yields rising slightly from previous sales.
The Treasury had aimed to sell between 4 billion and 5 billion euros of three papers due 2022, 2028 and 2033.
The shortest-dated bond on offer, due Oct. 31, 2022, sold 0.63 billion euros for 0.385 percent and with demand at 4.6. That compared to a previous average yield of 0.324 percent and bid-to-cover of 3.6.
The April 30, 2028 bond with a 1.40 percent coupon sold 1.96 billion euros at an average yield of 1.580 percent and a bid-to-cover of 2.5. A previous bond also due in 2028, but with a 5.15 percent coupon, in September sold for 1.691 percent and with demand at 2.5.
The longest-dated, July 30, 2033 bond, sold 1.91 billion euros at 2.110 percent and with demand outstripping supply by 1.9 after selling for 2.098 percent in January and with demand at 1.5.
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