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Spanish 10-Year Bonds Stay Higher as Nation Sells Bonds

Nov. 22 (Bloomberg) -- Spain’s 10-year government bonds stayed higher as the nation exceeded its maximum target at a sale of debt due in 2015, 2017 and 2021.

The nation’s 10-year rate fell four basis points, or 0.04 perentage point, to 5.68 percent as of 9:50 a.m. London time.

Spain sold 3.88 billion euros of debt, compared with a maximum target of 3.5 billion euros.

To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net

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