Interest on Portuguese debt fell today to two years and rose to five and 10 years compared to Friday, while those of Spain, Greece, Ireland and Italy increased across all maturities.
At 08:30 in Lisbon, 10-year interest rates rose to 2.959%, against 2.956% on Friday.
Five-year interest rates also rose, to 2.287%, against 2.284%.
Conversely, two-year interest rates dropped to 1.884%, compared to 1.888%.
Interest rates on Germany’s 10-year bond, considered the safest in Europe, rose to 2.586%, compared to 2.580%, as well as those in France, to 3.374%, compared to 3.360% on Friday and a maximum of 3.600% on September 25.
Interest on sovereign debt in Portugal, Spain, Greece, Ireland and Italy at 08:30:
2 years…5 years…10 years
Portugal
20/10…….1,884…2,287…..2,959
17/10…….1,888…2,284…..2,956
Spain
20/10…….2,005…2,460…..3,111
17/10…….1,993…2,455…..3,106
Greece
20/10…….1,831…2,461…..3,234
17/10…….1,830…2,459…..3,227
Ireland
20/10…….1,933…2,270…..2,823
17/10…….1,921…2,263…..2,813
Italy
20/10…….2,127…2,641…..3,380
17/10…….2,122…2,638…..3,377
Source: Bloomberg ‘Bid’ values (interest demanded by investors to buy debt) compared to the closing of the last session.
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