Spain has sold €5 billion worth of bonds at a lower cost - another sign that investors are getting more hopeful over the government's management of the country's debts.
The Spanish Treasury said it had sold €2.44 billion in 10-year bonds at an average interest rate of 4.9%, compared with 5.2% in the last such auction two weeks ago.
It also sold just over €2 billion in 5-year bonds at 3.6%, compared with 4.1% this day last month.
It also placed €569 million of 3-year bonds at 2.6% from 2.7% in mid January.
Spain's borrowing rates have fallen recently, partly on the back of the government's deficit-reduction program.
However, the country remains stuck in recession and has unemployment of 26%.
