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Spanish borrowing costs fall at auction

FXstreet.com (Barcelona) - The Spanish Tesoro Público held a debt auction on Thursday during which it sold a total of 4.505 billion euro worth of bonds, at the top of the targeted 3.5-4.5 billion euro range.

Bonds maturing in 2041 were auctioned at an average yield of 5.696%, compared with 5.893% seen at the previous auction in December. Bonds maturing in 2018 were sold at an average yield of 3.77%, vs 3.988% seen on January 10, while the 2014 Bono yielded 2.713% vs 3.358% seen in December.

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