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Spain reduces its 2019 net bond issuance programme

On the 09.09.19 at 7:42AM

by

Fabrice Anselmi

Lower interest rates and issuance premiums allow peripherals to finance more quickly.
Spain will have issued €194.5bn by yearend.

Spain on 5 September reduced its net medium- and long-term bond issuance programme by one third, to €20bn, a low since 2007, thanks to low interest rates and solid economic growth that has boosted tax receipts.

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