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Economy
In reply to the discussion: STOCK MARKET WATCH -- Thursday, 19 January 2012 [View all]xchrom
(108,903 posts)56. Spanish treasury celebrates successful long-term debt auctions
http://www.typicallyspanish.com/news/publish/article_33422.shtml
he Spanish Treasury has today placed more than 6.6 billion of long term debt and at a lower interest rate than before.
It had wanted to place between 3.5 and 4.5 billion at four, seven and ten year bonds, according to the Bank of Spain, but managed to do better.
1.3 billion was placed in four year bonds at 4.25%, lower than the last similar auction in November when interest was 4.848%.
2.3 billion was placed in seven year bonds at 4.6%, compared to 5.11% last October.
And just over 3 billion was also placed in ten year bonds at 5.85%. Last time this denomination was auctioned, nearly 7% interest had to be paid.
The treasury had another successful auction of 4.9 billion just two days ago.
Read more: http://www.typicallyspanish.com/news/publish/article_33422.shtml#ixzz1jufxmNRd
*** this begs Miss Tansy's question -- where's it coming from?
he Spanish Treasury has today placed more than 6.6 billion of long term debt and at a lower interest rate than before.
It had wanted to place between 3.5 and 4.5 billion at four, seven and ten year bonds, according to the Bank of Spain, but managed to do better.
1.3 billion was placed in four year bonds at 4.25%, lower than the last similar auction in November when interest was 4.848%.
2.3 billion was placed in seven year bonds at 4.6%, compared to 5.11% last October.
And just over 3 billion was also placed in ten year bonds at 5.85%. Last time this denomination was auctioned, nearly 7% interest had to be paid.
The treasury had another successful auction of 4.9 billion just two days ago.
Read more: http://www.typicallyspanish.com/news/publish/article_33422.shtml#ixzz1jufxmNRd
*** this begs Miss Tansy's question -- where's it coming from?
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$10 TRILLION Liquidity Injection Coming? Credit Suisse Hunkers Down Ahead Of The European Endgame
Demeter
Jan 2012
#7
Speaking of the skunk, I just meandered over to Automatic Earth and found this.
Fuddnik
Jan 2012
#18
Yeah. What would be the corresponding statistics for the States? The Skunk, you see,
Ghost Dog
Jan 2012
#19
Well, ZH has a tendency to go way over the top, on occasion. The 'soundbite' is based on
Ghost Dog
Jan 2012
#20
I don't really "understand" any of it, Tansy - but I don't think it matters
bread_and_roses
Jan 2012
#62
Not as far back as our reptile brains. Just a hundred and fifty years of Western social progress,
Ghost Dog
Jan 2012
#65
The A-List: Jeffrey Sachs - Self-interest, without morals, leads to capitalism’s self-destruction
Demeter
Jan 2012
#37
Obama's "tax-policy", the new puppet-in-waiting and the collapsed UBS business model.
Ghost Dog
Jan 2012
#87