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Spain raises borrowing target as market bets on ECB

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MADRID (Reuters) - Spain will attempt to step up its borrowing at a bond auction on Thursday, seeking to take advantage of investor bets on an imminent ECB bond-buying program that would support the market value of its debt. The Treasury said on Monday it would auction between 3.5 billion euros and 4.5 billion euros ($4.6 billion and $5.9 billion) of 12- and 18-month T-bills on Tuesday and the same amount in bonds later in the week. Mariano Rajoy Auction Service European Debt Crisis...

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