A.T.At 8:25 a.m., the two-year interest rate rose to -0.647%, down from -0.683% on Tuesday, to an all-time low of -0.814% on November 29.
In the same vein, after the sessions ended in the negative territory on January 8, 11 and 15, the interest rate on the 10 – year debt was fixed at 0.505% on Tuesday, up from 0.005% on Tuesday, and the current all – time low of 0.059% on December 15, 2020.
Between December 8 and 16, 2020, 10 years of interest was also in the negative territory.
After reversing the current all-time low of -0.506% on December 15, 2020, the five-year interest rate fell to -0.259% from -0.250% in the previous session.
Irish debt rates recorded positive movements for two to 10 years and negative for five years compared to Tuesday.
Greece’s interest rates have dropped to two, five, and 10 years.
That, in turn, pushed back two-year interest rates in Italy and advanced five to 10 years.
Spain’s interest rates have risen for two years compared to Tuesday, with two reversals.
Interest rates on sovereign debt in Portugal, Greece, Ireland, Italy and Spain at 8:25 am:
2 years … 5 years … 10 years
Portugal
05/01 ……- 0,647 …- 0,259 ….. 0,505
04/01 ……- 0,683 …- 0,250 ….. 0,500
Greece
04/01 ……- 0,264 …. 0,603 …… 1,326
04/01 ……- 0,277 …. 0,592 …… 1,331
Ireland
04/01 ……- 0,576 …- 0,317 …… 0,287
04/01 ……- 0,595 …- 0,315 …… 0,276
Italy
04/01 ……- 0,088 …. 0,447 …… 1,227
04/01 ……- 0,072 …. 0,430 …… 1,194
Spain
04/01 ……- 0,590 …- 0,151 …… 0,591
04/01 ……- 0,584 …- 0,152 …… 0,579
Source: Bloomberg ‘bid’ value (interest required by investors to borrow) compared to the end of last session.
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