Interest on Portugal’s debt drops to two, five and 10 years
Interest on Portuguese debt was on Wednesday falling to two, five and 10 years in line with those of Spain, Ireland, Italy and Greece.
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At 9:28 am in Lisbon, 10-year interest rates were down to 2,684% from 2,694% on Tuesday and 3,100% on June 14, a maximum since August 2017.
In this period, they will end in minimum ground in the minimum sessions of January 08, 1 and 15, 2020 and will reach the minimum ever, of -0.059%, on December 15, 2020.
In the same vein, two-year interest rates dropped to 1.142%, against 1.218% on Tuesday and 1.610% on June 14, a maximum since April 2014, and the lowest ever, of -0.814%, on June 29. November 2021.
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Five-year interest rates also fell to 1.895% from 1.968% on Tuesday and 2.475% on June 14, a high since April 2017, after falling to their current all-time low of -0.506%, on December 15, 2020.
Sovereign debt interest in Portugal, Greece, Ireland, Italy and Spain at 08:28:
2 years…5 years…10 years
Portugal
06/29………1,142…1,895……2,648
06/28………1,218…1,966……2,694
Greece
06/29……1,618…..2,714……3,814
06/28……1,662 …..2,765……3,839
Ireland
06/29……0.843….1,569…..2,213
06/28…….0.882….1,621…..2,144
Italy
06/29………1,358…2,649……3,492
06/28………1,424…2,730……3,551
Spain
06/29………1,146…1,988……2,677
06/28……1,193….2,043……2,719
Source: Bloomberg ‘Bid’ values (interests required by investors for debt) that compare with the closing of the last session.