Interest on Portugal’s 10-year debt is at the maximum of June 2017
ONEAt 9:20 am in Lisbon, the 10-year interest rate rose to 3.382%, remaining at a maximum since June 2017.
At five years, interest rates rose to 2,625% from 2,611% on Tuesday.
Two-year interest rates also rose to 1,942% from 1,936% in the previous session.
See below the sovereign debt interest in Portugal, Greece, Ireland, Italy and Spain at 9:20 am (2 years, 5 years and 10 years):
Portugal:
12/10………1,942…2,625…3,382
10/11……1,936…2,611…..3,361
Greece:
10/12……2,649…4,116……4,918
10/11……2,626….4,121……4,915
Ireland:
10/12……1,831…2,289…..2,850
10/11………1,802…2,279…..2,822
Italy:
12/10…….2,894….4,003……4,687
10/11…….3,991….3,991……4,668
Spain:
10/12……2,115….2,692……3,476
10/11……2,110…2,684……3,457
Source: Bloomberg ‘Bid’ values (interest required by investors for debt) that compare to the closing of the last session.
Read also: Industrial production advances in August 2.5% in the eurozone and 3.5% in the EU