Thursday, September 20, 2012

Spain borrowing costs ease, Catalonia unhappy



Published on Sep 20, 2012 by
http://www.euronews.com/ Spain's borrowing costs on its 10-year government bonds fell to the lowest level since January on Thursday.

At its latest debt auction raised 4.8 billion euros and saw strong demand from investors for the bonds maturing in three and 10 years time.

Madrid has been able to more easily sell its bonds at lower rates of interest since the European Central Bank announced its bond-buying plan.
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