Business & Finance

Spanish 10-year bond rate falls below 5.0pc

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The rate or yield on existing 10-year Spanish bonds fell to 4.975 percent from 5.134 percent late on Wednesday.

 

In July it had been above 7.5 percent, putting Spain at risk of a bailout before the European Central Bank announced special measures.

 

Copyright AFP (Agence France-Presse), 2013