MADRID (AP) — Spain has successfully raised €3.5 billion ($4.83 billion) at a debt auction, with lower interest rates reflecting easing market fears over the country's ability to manage its debt.
The Treaury raised €1.89 billion in three-year bonds with the average interest rate down to 3.25 percent from 3.72 percent in the last such auction on Dec. 2.
It sold €1.61 billion in five-year …
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