Interest rates on Portuguese debt continued to decline today across two, five, and ten-year terms, mirroring the trends observed in Spain, Ireland, and Italy.
At 08:30 in Lisbon, the ten-year interest rate dropped to 3.049%, compared to 3.102% on Wednesday.
Similarly, the five-year interest rate fell to 2.389%, from 2.421% in the previous session.
Echoing this trend, the two-year interest rate decreased to 1.947%, down from 1.950% on Wednesday.
Germany’s ten-year bond interest rate, deemed the safest in Europe, also declined to 2.661%, from 2.718%.
Sovereign debt interest rates in Portugal, Spain, Greece, Ireland, and Italy at 08:30:
2 years…5 years…10 years
Portugal
12/08…….1.947…2.389…..3.049
13/08…….1.950…2.421…..3.102
Spain
14/08…….2.017…2.443…..3.213
13/08…….2.044…2.494…..3.269
Greece
14/08…….2.053…2.592…..3.291
13/08…….2.051…2.629…..3.343
Ireland
14/08……1.951…2.357…..2.896
13/08……1.954…2.401…..2.951
Italy
14/08…….2.165…2.670…..3.427
13/08…….2.188…2.725…..3.489
Source: Bloomberg Bid values represent the interest demanded by investors to purchase debt, compared to the previous session’s close.
