Spanish Bonds Stay Higher as Nation Exceeds Target at Debt Sale

Spanish 10-year bonds stayed higher after the nation exceeded its maximum target at a debt sale.

The yield on the securites was 14 basis points lower at 6.14 percent as of 9:51 a.m. London time. Two-year yields were 23 basis points lower at 4.32 percent.

Spain sold 2.07 billion euros of bonds, the Bank of Spain said, compared with the maximum target of 2 billion euros set for the auction.

To contact the reporter on this story: David Goodman in London at

To contact the editor responsible for this story: Daniel Tilles at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.