The Spanish Treasury sold yesterday, medium-term bonds of 2.22 billion euros (2.8 billion dollars), the yields increase, although demand from investors was high. Target envisaged by the Spanish Government was 2 billion.
Spain has placed titles with 700 million maturing in April 2014, at an average yield of 4.706%, 2.069% from the previous show in May. Titles have been sold 918 million maturing in July 2015, at an average yield of 5.457%, 4.876% from last month. Spain has placed and bonds maturing in July 2017, worth 602 million euros from an efficiency reached 6.07% from 4.96% in May. However, demand was three to four times higher than supply.
Market expected last night, Spain formally request financial support up to 100 billion for recapitalization of banks in the country weak.
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