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'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 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.
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