Rates Decline at Latest Bond Auctions in Spain and Greece

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Yields Fall At Spanish and Greek Bond Auctions

Spain sold €4.27 billion in 12-month T-Bills at a yield of 2.546%, which was below the prior auction’s rate of 2.77%

Spain sold €1.2 billion in 18-month T-Bills at a yield of 3.059%, which was below the prior auction’s rate of 3.364%

Greece sold €1.63 billion in 3-month T-Bills at a yield of 4.06%, which was below the prior auction’s rate of 4.10%

 

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