Spain sells nearly 10 bln euros in bond auction

FRANKFURT (MarketWatch)
The Spanish government on Thursday sold 9.98 billion euros ($12.7 billion) of government debt, topping its target range of 4 billion to 5 billion euros, news reports said
Spain sold 4.27 billion euros of a July 2015 bond, producing a yield of 3.38%
A sale of 2.5 billion euros of April 2016 bonds saw the yield decline to 3.75% versus a yield of 4.87% at a previous auction, reports said, while a sale of 3.2 billion euros of October 2016 bonds saw the yield decline to 3.91% from 4.85%