Spain's Borrowing Costs Hit New High

Concerns about Spain's ability to overhaul an ailing banking system sent Spanish borrowing costs to a record high, prompting a new call from Prime Minister Mariano Rajoy for the EU to take action to calm market turmoil.

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BING NEWS:
  • Spain’s borrowing costs hit new low
    Spain’s borrowing costs hit a fresh low, as investor appetite for eurozone periphery debt continued to improve. The average yield on debt due in 2024 fell to 3.059 per cent at a primary auction on Thursday morning, down from 3.291 per cent at the last sale.
    04/23/2014 - 11:52 pm | View Link
  • Spain's borrowing costs tumble in 2014's first sale
    Spain borrowed €5.287 billion ($7.12 billion) in a sale of five- and 15-year bonds. For five-year bonds, the rate was the lowest since Spain started using the euro exclusively in 2002. For ten.year bond, this rate was at the lowest level since 2006 ...
    01/8/2014 - 11:18 pm | View Link
  • Spain's borrowing costs hit 12-year high
    Spain's economy continued to ride the bailout rollercoaster on Tuesday as borrowing costs remained at unsustainably high levels and the government paid its highest rate in a dozen years to raise money. A €3bn (£2.4bn)bond issue proved, however, that ...
    06/19/2012 - 3:59 am | View Link
  • Spain's borrowing costs hit danger zone
    Spain's ability to manage its debt without an international bailout was thrown into doubt Monday after investors pushed its borrowing rates up to the level at which Greece, Portugal and Ireland had sought help. Investor sentiment improved briefly in the ...
    06/18/2012 - 7:34 am | View Link
  • Spain's debt costs hit the danger level
    In spite of last weekend's euro zone agreement to lend Spain up to $125 billion to recapitalize the nation's sputtering banks, borrowing costs hit a whopping seven percent in Spain for first time ever, putting the nation at risk for seeking a bailout.
    06/14/2012 - 9:00 pm | View Link
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BING SEARCH:
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    1 Property bubble; 2 Prices; 3 Spanish banking system; 4 Employment crisis. 4.1 Youth Unemployment; 4.2 From immigration to emigration. 4.2.1 Tourism in Spain During ...
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