Latest News:  


Spain sells 5.8 bln euros of debt in first auction of 2013


11:34, January 11, 2013

MADRID, Jan. 10 (Xinhua) -- The Spanish Treasury on Thursday raised 5.816 billion euros (7.677 billion U.S. dollars) at favorable interest rates in its first bond auction of 2013.

It exceeded the Treasury's initial target of 5 billion euros.

New two-year bonds worth 3.396 billion euros were sold at an average interest rate of 2.476 percent and a marginal interest rate of 2.587 percent.

Longer-term bonds maturing in 2018 raised 1.949 billion euros for the cash-strapped country at an average yield of 3.988 percent, lower than 4.680 percent in November 2012. The marginal interest rate fell from 4.769 percent in the previous auction to 4.033 percent, the lowest level since March 2012.

About 470 million euros' worth of bonds maturing in 2026 were sold at an average interest rate of 5.555 percent, below 6.191 percent in the previous auction. The marginal interest rate reached 5.569 percent, compared with 6.218 percent in the previous auction.

The IBEX-35 stock market in Madrid reacted positively to the auction, with the Spanish risk premium falling from 366 to 348 points.

We recommend:

Please 'jump' with us to New Year!

Snowflakes-future Olympic stars

Famous female political leaders

Extremely weird world

Severe winter hits the world

What an enjoyable life!


Leave your comment0 comments

  1. Name


Selections for you

  1. Nanjing MAC organizes air-landing training

  2. China's destroyer conducts live-fire drill

  3. First humanoid robot at Int’l Space Station

  4. Asteroid impact odds 'one in a million'

  5. Ugly 'Tower of Large Intestine' found

  6. Wonderful falcon game in Xinjiang

  7. KFC apologizes for chicken scandal

  8. Pianist Lang Lang holds new year concert

  9. Beautiful lanterns decorated in Suzhou

  10. Actors dress as female Beijing Opera roles

Most Popular


  1. Japan's envisaged 'warning shots' dangerous
  2. When Chinese wives meet American mothers-in-law
  3. Will you leave a city because of cold?
  4. Labor system reform renders salute to Constitution
  5. China's yuan unlikely to appreciate sharply in 2013
  6. Good times gone?
  7. Salaries stifled amid sluggish exports
  8. China to surpass U.S. by 2049: report
  9. Proposed Beijing law seeks data on charities
  10. 2012: turning point for Chinese swimming

What’s happening in China

A web user recently posted a photo of a twisted building in the suburb of Beijing, calling it "Tower of Large Intestine".

  1. Serial killer executed in SW China
  2. Beijing police save female hostage
  3. Relief supplies rushed to freeze-hit south China
  4. Left-behind children to be registered, educated
  5. Ministry boosts orphan care by private agencies