Posted on 12 June 2012
Tags: bond auction, greece, interest rate
ATHENS, Greece – Greece has raised 1.625 billion euro with a high interest rate in an auction of 26-week tresury bills. The rate was similar to a debt sale last month. Tuesday’s auction saw the yield increase to 4.73 percent from 4.69 percent in the last such auction on May 8. Demand was 2.14 times [...]
Posted on 11 June 2012
Tags: bond auction, bonos, pressure, spain
MADRID – Spanish stocks are rising strongly and the interest rates on its bonds are down sharply in the first day of trading since the Spanish bailout was announced. The Ibex-35 stock index was up almost 5 percent shortly after opening. Bank stocks rose strongly. Shares in Bankia, which had requested 19 billion euro in [...]
Posted on 02 May 2012
Tags: bond auction, debt, euro currency, high, interest rate, portugal
LISBON, Portugal – Portugal has raised the 1.5 billion euros ($1.98 billion) it wanted in a short-term debt auction but investors demanded higher interest rates on the loan in a reminder that the country’s debt problems remain a long way from being solved. Portugal needed a 78 billion euro bailout rescue a year ago when [...]
Posted on 27 April 2012
Tags: 6% mark, bond auction, bonds, italy, yield
MILAN – Italy was forced to pay higher interest rates to entice investors to buy a little under 5 billion euros worth of its 5- and 10-year bonds. Investors demanded yields of 5.84 percent for the 10 year-bonds, up from 5.24 percent last month. On the 5-year bonds, Italy paid 4.86 percent, up from 4.18 [...]
Posted on 19 April 2012
Tags: bond auction, euro currency, france, yield
PARIS – France saw its borrowing costs edge up in bond auctions that sold 10.5 billion euros ($13.8 billion) in medium-term debt. The yield, or interest rate, on a five-year bond rose to 1.83 percent from 1.78 percent when it was last issued. No comparisons were available for the other bonds issued Thursday. The amount [...]
Posted on 19 April 2012
Tags: bond auction, bonds, default, euro currency, ivestor, spain, yield
MADRID – Investors showed a healthy appetite for Spanish debt but demanded a higher premium in an auction that was a key test of confidence in the government’s ability to get a handle on its debts as its economy enters a recession. The Treasury auctioned 2.54 billion euros ($3.33 billion) in 10-year bonds and notes [...]
Posted on 17 April 2012
Tags: bailout, bond auction, borrowing costs, euro, greece, greek default
ATHENS, Greece – Greece’s borrowing costs have dipped slightly in a new auction of 13-week treasury bills which raised 1.62 billion euros ($2.11 billion). The debt management agency says that Tuesday’s sale was 2.46 times oversubscribed, attracting slightly lower investor demand than the last 13-week bill sale last month. The interest rate was 4.20 percent, [...]
Posted on 12 April 2012
Tags: bond auction, debt, euro currency, high return, italy
MILAN – Italy’s borrowing costs are continuing to rise amid renewed uncertainty about its debt load and growth prospects. Italy easily sold 4.88 billion euros ($6.41 billion) in bonds in four denominations on Thursday, but investors demanded higher returns. The Treasury sold 2.88 billion euros in three-year bonds at a yield of 3.89 percent, up [...]
Posted on 05 April 2012
Tags: bond auction, borrowing costs, cost, france
PARIS – France saw its borrowing costs rise slightly as it sold 8.44 billion euros ($11 billion) in a long-term bond auction. Borrowing costs, also known as the yield and an indication of risk, edged up on most of the bonds issued by France Thursday, though demand was healthy and the sale brought in close [...]
Posted on 04 April 2012
Tags: bond auction, raise, spain, weak, yield
MADRID – Spain’s first bond auction after its government unveiled a harsh austerity budget failed to raise the target amount Wednesday with borrowing costs on the country’s long-term debt also showing a sharp increase. In an auction of medium-term debt Wednesday Spain sold 2.6 billion euros ($3.5 billion), short of its 2.5 billion_3.5 billion euros [...]