A Spanish National Flag Flies in Madrid

A Spanish National Flag Flies in Madrid

Antonio Heredia/Bloomberg

The Spanish government’s $749.8 billion of securities on the index have gained 10 percent this year. Spain emerged from a two-year recession in the third quarter, with gross domestic product expanding 0.1 percent from the three months ended in June, when it shrank 0.1 percent, the Madrid-based Bank of Spain estimated in its monthly bulletin yesterday.