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SPAIN-BONDS/
RTR2UOZS
December 01, 2011
A broker talks on phones at a brokers' office in Madrid December 1, 2011. Spain sold the maximum amount...
Madrid, Spain
A broker talks on phones at a brokers' office in Madrid
A broker talks on phones at a brokers' office in Madrid December 1, 2011. Spain sold the maximum amount targeted at a sale of bonds on Thursday, and its cost of borrowing held well below highs reached on bond markets last week, helping ease immediate nerves over its ability to fund public finances. The yields - ranging from around 5.19 to 5.54 percent on the 4--, 5- and 6-year paper - were the highest paid at a government sale since before the launch of the euro, but remained far below yields around 7 percent widely held as unaffordable. REUTERS/Andrea Comas (SPAIN - Tags: BUSINESS)
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