herald

Friday 15 December 2017

Spain sells €5bn in bills

europe

SPAIN has sold €5bn of short term debt at higher yields than a month ago, days ahead of a vote on Scottish independence that has unsettled some buyers of debt from countries with separatist movements.

Spain's wealthy Catalonia region wants to hold a referendum on November 9 on separating from the rest of Spain, something Prime Minister Mariano Rajoy says would be illegal.

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