FT : 'Spain : sells €3bn 10-year bonds at 4.864 from 4.045 Per cent'
http://ftalphaville.ft.com/blog/2010/06/17/264161/flying-bonos/ FLYING BONOS
Posted at 10:18 by Tracy Alloway Spain sold €3bn of 10-year bonds at a yield of 4.864 per cent on
Thursday. According to FT Alphaville, that was a jump from the 4.045 per
cent paid at its last 10-year auction, on May 20. Quite a jump. To put
that first figure into some context, 4.86 is above the benchmark bond's
long-term average, but still 100 basis points below the 5.8 per cent
yield Spain was paying back in 2000 -- though European Central Bank repo
rates and 10-year bund yields were a lot higher then too.
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Posted at 10:18 by Tracy Alloway Spain sold €3bn of 10-year bonds at a yield of 4.864 per cent on
Thursday. According to FT Alphaville, that was a jump from the 4.045 per
cent paid at its last 10-year auction, on May 20. Quite a jump. To put
that first figure into some context, 4.86 is above the benchmark bond's
long-term average, but still 100 basis points below the 5.8 per cent
yield Spain was paying back in 2000 -- though European Central Bank repo
rates and 10-year bund yields were a lot higher then too.
------------------------------
News brought to You By:
Investors Europe, the greatest source of online trading platforms on the planet investorseurope
745 Europort
Gibraltar GX11 1AA
T +350 200 40303
F +350 200 51795
@mt4offshore Forex Brokerage : http://bit.ly/11zOCb DEMO : http://bit.ly/aH8o80
Stock Brokerage : http://bit.ly/6QycRq DEMO : http://bit.ly/cRLSbs
Futures Brokerage : http://bit.ly/pQxYq DEMO : http://bit.ly/9hRCsK Investors Europe Limited is a Gibraltar incorporated, MiFID compliant stock broker regulated by the Financial Services Commission at the Pillars of Hercules.
http://www.investorseurope.com/pillars_of_hercules.html

