Spain raises 5.640 bn euros in short-term debt
Madrid - AFP
Spain raised 5.640 billion euros' ($7.4 billion) in an auction of short-term debt on Tuesday, raising more money than first planned as it locked in sharply lower borrowing rates. Spain had originally planned to sell 3.5-4.5 billion euros in three- and six-month bills in Tuesday's auction. Rates fell dramatically from the last comparable auction last month, a sign of easing market tensions.
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