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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    Spain's long-term borrowing costs fell on Thursday in its first bond sale of the year, the central bank said, amid signs of financial strengthening in crisis-hit eurozone economies. Spain borrowed €5.287 billion ($7.12 billion) in a sale of five- and 15 ...
    01/8/2014 - 11:18 pm | View Link
  • Spain's borrowing costs hit record high
    Spanish long-term borrowing costs jumped to record highs Monday amid fears about the state of its economy and banks. The yield - the rate of return - on the benchmark Spanish 10-year government bond jumped to 7.343%, reports AFP. Other euro countries ...
    07/22/2012 - 10:53 pm | View Link
  • Spain's borrowing costs hit 12-year high
    Rates on 12 to 18-month bonds top 5% as PM fails to persuade eurozone leaders at G20 that bailout is not national debt Spain's economy continued to ride the bailout rollercoaster on Tuesday as borrowing costs remained at unsustainably high levels and the ...
    06/19/2012 - 3:58 am | View Link
  • Spain's Borrowing Costs At Fresh High After Moody's Cut
    Spanish 10-year bonds hit euro-era highs on Thursday morning surging to 7% ... The Spanish downgrade and subsequent uptick in yields led to higher borrowing costs for Italy, with yields on three-year bonds rising to 5.3%, up from 3.9%.
    06/13/2012 - 11:08 pm | View Link
  • Spain's borrowing costs at fresh high after Moody's cut
    Spain's borrowing costs have risen to another euro-era record, with lenders demanding a higher interest rate. The yield on benchmark 10-year bonds hit 7% in early trade, a level which many analysts believe is unsustainable in the long term. It later fell ...
    06/13/2012 - 7:25 pm | View Link
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