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April 4, 2012

Spain Sells Bonds at Lower End of Target Range

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Spain sold 2.6 billion euros ($ 3.4 billion) of government bonds on Wednesday, towards the lower end of its target range and at higher yields than at previous sales. The 2020 bond on offer was sold at an average yield of 5.34 percent, with a bid cover of 3.0. Spain also sold three and four-year... FF News: Fundamental

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