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The interest on the loan can be for two, five or 10 years

Scout Mitchell by Scout Mitchell
December 2, 2021
in Top News
0
Debt interest rates have been declining for two years and rising for five to 10 years

TOAt 8:30 am in Lisbon, the 10-year interest rate rose to 0.356%, from 0.353% on Wednesday, to close at the current all-time low of 0.059% on December 15, 2020, after ending the negative territory on January 8, 11 and 15.

Between December 8 and 16 last year, 10-year interest rates were also in the negative territory.

In the same vein, the five – year interest rate rose to -0.359% on Wednesday from -0.364% on Wednesday after reversing to its all-time low of -0.506% on December 15, 2020.

Two-year interest rates rose to -0.766% from -0.771% on Wednesday.

Interest rates in Italy and Greece fell to two years, five and 10 years, respectively, to Spain two, five and ten years.

Irish interest rates have fallen for the shortest two periods and risen to the longest one.

Interest rates on sovereign debt in Portugal, Greece, Ireland, Italy and Spain at 8:30 am:

2 years … 5 years … 10 years

Portugal

02/12 ……- 0,766 …- 0,359 …… 0,356

01/12 ……- 0,771 …- 0,364 …… 0,353

Greece

02/12 ……- 0,335 …. 0,383 …… 1,198

01/12 ……- 0,325 …. 0,375 …… 1,196

Ireland

02/12 ……- 0,628 …- 0,421 …… 0,152

01/12 ……- 0,613 …- 0,415 …… 0,144

Italy

02/12 ……- 0,178 …. 0,275 …… 1,016

01/12 ……- 0,176 …. 0,271 …… 1,009

Spain

02/12 ……- 0,604 …- 0,262 …… 0,422

01/12 ……- 0,605 …- 0,265 …… 0,425

Source: Bloomberg ‘bid’ value (interest required by investors to borrow) compared to the end of last session.

Also read: Debt interest rates rise for two, five and 10 years

See also  Pelicans and Jazz gamers, coaches all kneel during national anthem

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Scout Mitchell

Tv fanatic. Amateur food maven. Devoted webaholic. Travel lover. Entrepreneur. Evil writer. Beer guru.

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