Markets

Yields soar on Spanish bonds

MADRID : Spain was forced to offer sharply higher returns on Tuesday to sell 4.45 billion euros ($6.32 billion) in gov
Published July 19, 2011 Updated July 19, 2011 09:32am

On the 12-month bonds, the average rate or yield soared to 3.702 percent from 2.695 percent at the last such auction on June 14.

For 18-month bonds, the yield was up to 3.912 percent from 3.26 percent.

 

Copyright AFP (Agence France-Presse), 2011