Madrid - AFP
Spain paid sharply higher borrowing rates in a 3.48-billion-euro ($4.83-billion) bond issue on Tuesday compared to a similar sale in late September, the Bank of Spain said. In the sale, rates on three-month bonds increased to 2.292 percent from 1.692 percent previously and to 3.302 percent from 2.665 percent for six-month bonds in a market still very much affected by the eurozone debt crisis.