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 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 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 - 4:43 am | View Link
  • Spain's borrowing costs hit euro-era records
    BEIJING, June 15 (Xinhuanet) -- Instead of that 100 billion euro bailout easing the pressure on Spain's borrowing costs, the exact opposite is playing out on the debt markets. The country’s bond yields took another battering today, once again reaching ...
    06/14/2012 - 1:00 pm | View Link
  • Spanish borrowing costs hit 7%
    Spain's borrowing costs have leapt to a euro-era record after Moody's downgraded its debt close to junk-bond status and warned of a rising risk of a full-blown bailout. The interest rate on Spanish 10-year government bonds briefly topped 7 per cent before ...
    06/14/2012 - 9:23 am | View Link
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