Arab Today, arab today spain pays lower rates in 49 bn euro bond sale
Last Updated : GMT 05:12:11
Arab Today, arab today
Arab Today, arab today

Spain pays lower rates in 4.9 bn euro bond sale

Arab Today, arab today

Arab Today, arab today Spain pays lower rates in 4.9 bn euro bond sale

Madrid - AFP

Spain paid sharply lower borrowing rates in a 4.941-billion-euro government bond sale on Tuesday, in a sign of improved confidence in its creditworthiness after months of financial turmoil. The Treasury paid yields of 4.050 percent for 12-month bonds and 4.226 percent for 18-month bonds, down from more than five percent in the last comparable auction, it said in a statement. The amount raised, 4.941 billion euros ($6.5 billion), was higher than the 3.25-4.25 billion euros as the Treasury took advantage of the lower rates to raise extra money. Demand from investors was very strong, at more than four times the original offer. Spain\'s borrowing costs soared last month due to fears over its high public deficit, raising pressure on the conservative leader Mariano Rajoy who will take power next week after winning a November 20 election. The risk premium -- a key measure of stability reflecting the extra return investors demand to buy Spanish 10-year government bonds over German ones -- broke records in mid-November, surging close to five percentage points. Spain\'s next bond sale is on December 15, when it aims to raise 2.5 to 3.5 billion euros in bonds of up to 10 years. The Madrid stock market ticked up by 0.39 percent on Tuesday morning after a sharp fall of more than 3.0 percent on Monday.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today spain pays lower rates in 49 bn euro bond sale Arab Today, arab today spain pays lower rates in 49 bn euro bond sale

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today spain pays lower rates in 49 bn euro bond sale Arab Today, arab today spain pays lower rates in 49 bn euro bond sale

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday