The Spanish risk premium opens slightly upwards, by 115 basis points

The Spanish risk premium opens slightly upwards, by 115 basis points



The Spanish risk premium has started the day slightly upwards, by 115 basis points, one more than in the previous session, despite the fact that the 10-year national bond interest has fallen to 1.372% from the previous 1.378%.

And it is that the performance of the long-term German bond, whose difference with the Spanish determines the risk premium, has fallen more strongly than the national, up to 0.221%, from the 0.239% that marked yesterday.

In the rest of Europe, the Italian risk premium has started the day at 259 basis points, six more than on the eve.

Yesterday, Italy's country risk was reduced by 16 basis points after the European Commission and the country's government reached an agreement on the budgets for 2019, which avoids the imposition of sanctions for the time being.

The Government of Rome has reduced its deficit forecast to 2.04% of gross domestic product (GDP).

For its part, the risk premium lusa, which closed yesterday at 141 basis points, has started the day at 143, while that of Greece has added two, up to 408.

The debt default insurance ("credit default swaps"), amount that must be paid to guarantee an investment of ten million dollars, have been maintained for Spain at 121,010 dollars, and for Italy at 245,800 dollars.

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