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 ...
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  • 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 ...
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  • Spain's Borrowing Costs Rise Again Ahead of Summit
    Spain's borrowing costs have again hit a level considered unaffordable in the long term as eurozone finance ministers prepared to delay putting a value on a bailout for the country's banks. The yield on Spain's benchmark 10-year bond reached 7% on Monday ...
    07/9/2012 - 12:03 am | 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
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