The interest rates on Portuguese debt reversed the trend of the past two days and rose today for the two, five, and ten-year terms, in line with Spain, Greece, Ireland, Italy, and also Germany over the longer term.
At 08:08, the ten-year sovereign debt interest rates increased to 3.187%, after having dropped to 3.129% on Thursday.
The five-year term followed the same trend, climbing to 2.489%, compared to 2.436% in the previous session.
Similarly, the two-year rates rose to 2.008%, from 1.962% the previous day.
The ten-year bond rates in Germany, considered the safest in Europe, also reversed the previous day’s trend, climbing to 2.759%, up from 2.716% on Thursday.
Along the same lines, interest rates for two, five, and ten years in Spain, Greece, Ireland, and Italy also increased.
Sovereign debt interest rates in Portugal, Spain, Greece, Ireland, and Italy at 08:08:
2 years…5 years…10 years
Portugal
22/08…….2.008…2.489…..3.187
21/08…….1.962…2.436…..3.129
Spain
22/08…….2.081…2.551…..3.353
21/08…….2.032…2.493…..3.297
Greece
22/08…….2.091…2.702…..3.446
21/08…….2.063…2.640…..3.375
Ireland
22/08……1.979…2.433…..3.001
21/08……1.958…2.389…..2.956
Italy
22/08…….2.252…2.799…..3.595
21/08…….2.189…2.732…..3.523
Source: Bloomberg Bid values (interest demanded by investors to purchase debt) that compare with the previous session’s close.
