Spain One-Year Borrowing Costs Rise Before Rajoy Meets Draghi

Spain’s one-year borrowing costs rose in an auction today ahead of a meeting between Premier Mariano Rajoy and European Central Bank President Mario Draghi. Spain sold 5.57 billion euros ($7.46 billion) of six- and 12-months securities, exceeding the Treasury’s upper goal of 5.5 billion euros. I…

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Spain One-Year Borrowing Costs Rise Before Rajoy Meets Draghi

Spain One-Year Borrowing Costs Rise Before Rajoy Meets Draghi

Spain’s one-year borrowing costs rose in an auction today ahead of a meeting between Premier Mariano Rajoy and European Central Bank President Mario Draghi. Spain sold 5.57 billion euros ($7.46 billion) of six- and 12-months securities, exceeding the Treasury’s upper goal of 5.5 billion euros. I…

Read more from the original source: 
Spain One-Year Borrowing Costs Rise Before Rajoy Meets Draghi