Spanish Three-Year Notes Stay Lower as Nation Sells Securities

Spanish government bonds stayed lower as the nation sold 3.99 billion euros of securities at an auction.

The nation’s three-year note yields rose eight basis points to 4 percent at 9:55 a.m. London time, while the rate on the two-year security was 12 basis points higher at 3.34 percent.

The nation sold 3.75 percent notes maturing in 2015 at an average yield of 3.956 percent, up from 3.845 percent at the last sale on Sept. 20. It also sold notes maturing in 2014 at 3.282 percent and 2017 securities at 4.766 percent.

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