Spain borrows 2.5 bn euros short term
Madrid - AFP
Spain borrowed 2.5 billion euros ($3.3 billion) in three and six-month bonds on Tuesday and the interest rates it had to pay fell sharply on strong demand, after a debt rescue for Greece. Demand totalled 14.8 billion euros, enabling the treasury to raise the amount at the top end of its target range of 1.5-2.5 billion euros.
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