Spain Sold 7 Billion Euros in 10-Year Bonds Via Banks
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Spain sold 7 billion euros ($9.3 billion) of 10-year bonds via banks, data compiled by Bloomberg show, after Economy Minister Luis de Guindos said the sale generated record demand.
The security, which matures in Jan. 31, 2023, and has a 5.4 percent coupon, was sold by six banks at 365 basis points more than the mid-swap rate. That amounts to about 5.4 percent.