Spanish debt yields rise as deficit problems mount
MADRID/LISBON (Reuters) – Spanish borrowing costs jumped at bond auctions on Wednesday, spreading fear in wider European markets and overshadowing a successful step back into debt markets by neighboring Portugal. Spain sold 2.6 billion euros of debt, at the low end of its target range, with a bond maturing in 2020 yielding an average 5.338 percent, up from a forecast 5.2 percent and 5.156 when …
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Spain bond auction raises debt concerns
Spain's attempts to control its debt burden failed to reassure investors Wednesday when the country's first bond auction since it unveiled a harsh round of cuts failed to raise the target amount and its borrowing costs for its long-term debt rose.
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Spain debt auction raises debt concerns
Global investors voiced their doubts over Spain's attempts to control its debt Wednesday when the country's first bond auction since it unveiled a harsh round of cuts failed to raise the target amount and its borrowing costs for its long-term debt increased.
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Spain debt auction raises debt concerns
Global investors voiced their doubts over Spain's attempts to control its debt Wednesday when the country's first bond auction since it unveiled a harsh round of cuts failed to raise the target amount and its borrowing costs for its long-term debt increased.
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Spain warns of soaring debt as unemployment rises
Spain said Tuesday its national debt will spiral sharply higher this year as data showed unemployment hit a record high in March, complicating efforts to stabilise the country's strained finances.
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Spain heading for highest debt level in 22 years
Spain's public debt will jump to its highest level since at least 1990 this year as the economy sinks into recession, the government said in its budget on Tuesday, worrying investors who sold Spanish bonds. …
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Interest costs to lift Spain debt burden this year
Spain's debt burden will rise substantially this year because of the country's high cost of borrowing and the government's pledge to guarantee loans for local governments to pay back companies, Finance Ministry officials said Tuesday.
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Growth, debt nerves keep world stocks below recent highs
LONDON (Reuters) – World stocks remained below this week's 8-month peak on Friday while demand for German government debt rose as concerns about Chinese and euro zone growth and a renewed focus on sovereign debt problems in Italy and Spain kept investors cautious. Against a backdrop of slowing economies, Italy's planned bond sales next week are already being touted as a possible flashpoint for …
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Spain's public debt soars to record high
Spain's public debt soared to a record high at the end of 2011, Bank of Spain figures showed Friday, as Madrid struggled to slash costs and escape the eurozone debt crisis.
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Spain's public debt soars to record high
Spain's public debt soared to a record high at the end of 2011, Bank of Spain figures showed Friday, as Madrid struggled to slash costs and escape the eurozone debt crisis.
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