FTSE rises after Spain debt auction success

Spain survived a key test of confidence at a closely-watched debt auction today but concerns remained over the health of the country's finances.

FTSE rises after Spain debt auction success
Thu, 19 Apr, 2012 - 12:52

Spain survived a key test of confidence at a closely-watched debt auction today but concerns remained over the health of the country's finances.

The Spanish government issued €2.5bn of two- and 10-year bonds at the top end of its targeted demand - showing that investors are yet to turn their backs on the country.

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