TITLE

Spain sells debt at low yields

AUTHOR(S)
Investor's Business Daily
PUB. DATE
March 2013
SOURCE
Investors Business Daily;3/20/2013, pA02
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
Madrid sold 4 bil euros ($5.2 bil) of 3- and 9-month debt, with yields falling to pre-eurozone debt crisis levels. It was only short-term bills, but showed investors shrugging off concerns about Cyprus' bailout and bank deposit tax.
ACCESSION #
86186838

 

Related Articles

  • Stocks Give Back Fri.'s Gains. Investor's Business Daily // Investors Business Daily;2/ 5/2013, pA01 

    1 The stock market suffered its worst day so far of 2013, closing near session lows as renewed Italy and Spain debt fears triggered heavy selling in Europe. The Nasdaq sank 1.5%, the S&P 500 1.2%, the NYSE 1.3%. Volume fell across the board. Tech and consumer stocks were among the hardest hit....

  • Spanish yields top 7% after debt auction. Jackson, Gary // Fundweb;7/19/2012, p6 

    The article reports on Spain's 10-year borrowing costs which exceeded the seven percent mark after paying higher interest rates when selling debt in the international markets. Data from Bloomberg LP shows a 7.021 per cent yield on the generic 10-year Spanish government bond, which is considered...

  • ECB Hints At Spain Bond Buy. Investor's Business Daily // Investors Business Daily;4/12/2012, pA01 

    2.� �European Central Bank policymaker Benoit Coeure said the recent debt sell-off doesn't reflect Spain's progress on economic reforms and noted that the ECB program for limited bond buys still exists. As intervention hopes rose, the 10-year Spanish yield fell to 5.87% from 5.99%....

  • Spain Warns On Debt Access. Investor's Business Daily // Investors Business Daily;6/6/2012, pA01 

    3.� �The budget minister said capital markets are closing to Spain because investors are demanding too-high yields. But Spain, which explicitly pleaded for bank aid, plans to sell debt Thu., and the 10-year yield fell to 6.31%. A German paper said European officials are weighing a...

  • Hanesbrands Suits Up for $750M Drive-By. Sheahan, Matthew // High Yield Report;11/8/2010, Vol. 21 Issue 45, p15 

    The article reports on the plan of clothing company Hanesbrands to sell 750 million dollars in high yield bonds to repay existing debt.

  • Energy Debt Hit Hard By New Crude Price Low. Fest, Glen // High Yield Report;12/8/2015, p1 

    As the WTI oil price index fell to a seven-year-low of $37.65, an ensuing sell-off of debt had oil and gas firms dominating the decliners lists in bid prices for both high yield bonds and leveraged loans.

  • Volume in 1Q CIose To Record. McGee, Patrick // Bond Buyer;4/1/2010, Vol. 372 Issue 33292, p1 

    The article reports on the amount of long-term debt that municipal issuers brought to the bond market for the first quarter of 2010 in New York City. According to the preliminary data gathered by Thomas Reuters, the debt that came to the market is 99.96 billion dollars due to strong investor...

  • Spain's Catalonia Seeks Aid. Investor's Business Daily // Investors Business Daily;5/29/2012, pA01 

    2.� �Spain's wealthiest autonomous region said it needs help from Madrid refinancing its heavy debts. Meanwhile, gov't-controlled Bankia said it wants 19 bil euros ($23.8 bil), days after a minister said gov't losses would be 9 bil. Spain's 10-year debt yield shot up 16 basis points to...

  • GEM Debt: Difficult Outlook.  // Middle East & Africa Financial Alert;7/7/2003, Vol. 2 Issue 40, p1 

    The article forecast the outlook for GEM debt. The debt suffered a setback due to a sharp sell-off in US treasuries. Record-low interest rates, tax incentives, a budget deficit of 3% of GDP and a weaker dollar are hardly having the desired inflationary impact. Despite some noticeable outflows...

  • Yields Weaken Amid Hearty Serving of Supply. Seymour, Dan // Investment Dealers' Digest;10/22/2010, Vol. 76 Issue 39, p9 

    The article reports on the decline of municipal bonds yields as a strike of new debt came to market at a time of low nominal yields in the U.S. in 2010.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics