Spain's borrowing costs continued to increase at a debt sale on Tuesday as the economy returned to recession in the first quarter, worsening investors' concern that the country would seek a bailout.
The Spanish Treasury raised EUR 1.9 billion of treasury bills against the target of EUR 1 billion to EUR 2 billion.
The agency sold EUR 725 million of the 3-month paper at an average yield of 0.634 percent, which was higher than 0.381 percent in an auction on March 27. The bid-to-cover ratio, which indicates demand, rose to 7.6 from 3.5.
The country placed EUR 1.2 billion 6-month debt at an average yield of 1.580 percent, up from 0.836 percent paid in March. Demand was 3.25 times the offer, down from 5.6 in the previous sale.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.