Bloomberg News

Spain’s Five-Year, Two-Year Notes Stay Higher After Debt Sale

December 15, 2011

Dec. 15 (Bloomberg) -- Spain’s two-year and five-year notes stayed higher after the nation sold 6 billion euros ($7.8 billion) of debt at a sale, more than the maximum target of 3.5 billion euros.

Two-year note yields were 20 basis points lower at 3.88 percent at 9:57 a.m. in London, and five-year rates declined 13 basis points to 4.83 percent.

Ten-year bond yields stayed little changed at 5.70 percent.

To contact the reporter on this story: Emma Charlton in London at echarlton1@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net


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