In an interview with Spanish daily Expansion, Inigo Fernandez de Mesa said “It is not on Spain’s agenda to ask for the fund to buy debt, not at all. It hasn’t happened and I can assure you it won’t happen.”
The official said that the Treasury was in a decent position. The average cost of debt issued this year comes in at 3.27%, down from 3.9% last year. He also advised that 68% of Spain’s issuance planned for 2012 had already been issued.