Spain’s cost of borrowing over the medium term fell further at a debt sale on Thursday, supported by a flood of European Central Bank money that has helped Madrid meet a quarter of its 2012 borrowing needs in just over a month.
With France also selling almost 8 billion euros in longer-term bonds, again at reduced yields, the tender added to signs of an easing of the pressure on some of the euro zone governments struggling in the debt crisis.
via Spain, France debt auctions smooth as ECB loans keep working | Reuters.
