Spain to issue up to 5.25bn euros in bonds on Thursday

MADRID: Spain plans to sell between 3.75 billion and 5.25 billion euros ($4.08 billion-$5.72 billion) of debt at a triple bond auction on Thursday, the Treasury said on Monday.

The Treasury will auction between 3.5 billion and 4.5 billion euros of a bond due July 30, 2021, with a 0.75 percent coupon and another due July 30, 2030, with a 1.95 percent coupon.

It also aims to raise between 250 million and 750 million euros of an inflation-linked bond due Nov. 30, 2024, with a 1.8 percent coupon.