Spanish borrowing costs fall to lowest since 2010 at auction

FXstreet.com (Barcelona) - The Spanish Tesoro Público held a debt auction on Thursday during which it sold a total of 4 billion euros worth of 10- and 5-year bonds, meeting the maximum target of 3-4 billion euros.

2.412 billion euros of bonds maturing in October 2023 were auctioned at an average yield of 4.526%, compared with 4.723% seen at the previous auction. 1.596 billion euros worth of bonds maturing in October 2018 were sold at an average yield of 3.504% versus the previous 3.561%.