(AFX UK Focus) 2010-03-10 17:27 UPDATE 3-Spain 5-year floater demand hits 1.5 bln eur-source (Interactive Investor)

10 March 2010, 9:58 am

MADRID, March 10 (Reuters) - Spain sold 1.5 billion euros ($2.04 billion) of its new 5-year syndicated euro benchmark floating rate note at a price of 3-month euribor plus 45 basis points, a source close to the operation said on Wednesday. The source said Spain's treasury is satisfied with the level of demand, despite market expectations it would issue 3 billion euros of the new bond, whose ...... Read More »

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