Solid demand at Spanish debt auction

FXstreet.com (Barcelona) - The Spanish Tesoro Público held a debt auction on Thursday during which it sold a total of 4.3 billion euros worth of 3-, 5- and 10-year bonds, exceeding the maximum target of 3-4 billion euros.

3-year bonds were auctioned at an average yield of 3.019%, compared with 2.713% seen at the previous auction. 6-month bonds, were sold at an average yield of 3.598% versus the previous 3.557%. 10-year bonds yielded 4.9%, following 4.92% seen previously.