Spain was able to raise four billion euros (5.34 billion dollars) at a reasonable cost in another sign of growing investor confidence in the government's handling of its financial affairs.
The Treasury Department sold today, Tuesday, worth 3.1 billion euros of treasury bills for the nine months amounted to 1.14% dimensions.
And also sold treasury bills for three months compared to 886 million euros at an interest rate of 0.42%, compared to 0.44% at an auction of the same class on Jan. 22.
And Spanish borrowing costs fell in recent months with calm fears of the country to protest a financial rescue plan.
Demand was five times the supply of Treasury bills for three months and 2.3 times for the new treasury bills.
The country has a second recession in three years and the unemployment rate reached 26%
The Treasury Department sold today, Tuesday, worth 3.1 billion euros of treasury bills for the nine months amounted to 1.14% dimensions.
And also sold treasury bills for three months compared to 886 million euros at an interest rate of 0.42%, compared to 0.44% at an auction of the same class on Jan. 22.
And Spanish borrowing costs fell in recent months with calm fears of the country to protest a financial rescue plan.
Demand was five times the supply of Treasury bills for three months and 2.3 times for the new treasury bills.
The country has a second recession in three years and the unemployment rate reached 26%
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