Markets

Spain sells 4.5bn euros in bonds

Published March 1, 2012 Updated March 1, 2012 10:00am

It sold 1.06 billion euros worth of bonds maturing April 30, 2014 with a 3.4 percent coupon, 1.91 billion euros worth of bonds maturing July 30, 2015 with a 4.0 percent coupon, and 1.53 billion euros worth of bonds maturing Oct. 31, 2016 with a 4.25 percent coupon.

The Treasury had expected to sell between 3.5 billion and 4.5 billion euros of the debt.

Copyright Reuters, 2012