UPDATE 3-Investors increase pressure on Spain to seek aid
* Yields remain high at short-term debt auction * Stocks fall sharply on aid request hesitation * Analysts say ECB boost could fade if aid delayed By Julien Toyer and Paul Day MADRID, Sept 18...
View ArticleSpain Floats Bailout Prospect as Pressure to Take Rescue Builds
Spain will consider seeking a bailout if the conditions imposed are acceptable, Deputy Prime Minister Soraya Saenz de Santamaria said as loan defaults at Spanish banks climbed and lending dropped. Bad...
View ArticleUPDATE 1-Spain yields stay high as investors wait for aid move
* Spain sells 4.58 billion euros of 12-, 18-month bills * Yields on both fall versus August auction * Spain government stalls on asking for aid By Paul Day MADRID, Sept 18 (Reuters) - Spain easily...
View ArticleSpain 10-year bond cost to ease despite bailout hesitancy
* Spain aims to sell 3.5-4.5 bln euros in two bonds * Yield on 10-year bond to fall, but hold at high levels * Treasury will also sell a new three-year bond * Analyst says Spain's fiscal credibility...
View ArticleSpain's Catalonia asks Madrid for financial help
Paul White Photographers are seen reflected in a glass door as Spain's Prime Minister Mariano Rajoy steps out to greet European Council President Herman van Rompuy, unseen at the Moncloa Palace in...
View ArticlePressure Mounts on Spain to Ask for Bailout
By DAVID ROMÁN And ART PATNAUDE MADRID—Spain's Prime Minister Mariano Rajoy Thursday came under increased pressure to ask for a European Union bailout after Standard & Poor's Ratings Services...
View ArticleSpanish debt costs spiral, Rajoy says no outside bailout
MADRID (Reuters) - Spanish debt yields jumped and shares in Bankia SA plunged to record lows on Monday after the government, struggling to sort out its finances, put forward a plan to revive its...
View ArticleUPDATE 2-Spain meets debt hurdle on rescue hopes
* Treasury sells at top end of target * Yields fall on two of three bonds as investors await Spain rescue call * Demand strong on all three bonds * International investors still shun Spain debt By...
View ArticleSpain May Need Back-Door Bailout for Regions
Prime Minister Mariano Rajoy may need to skirt Spanish law to backstop the nation’s indebted regions, mimicking the European Union’s dodging of its no- bailout rule to save Greece, Ireland and...
View ArticleSpain PM says no decision taken on seeking bailout as bond interest rates...
MADRID - Spanish Prime Minister Mariano Rajoy said Friday he would only consider asking for financial aid for his country once the European Central bank has fleshed out its crisis-fighting plans for...
View ArticleUPDATE 1-Spain debt costs to stay high in wake of austerity plan
* Treasury to sell 2.5-3.5 bln euros of short-term debt * Yields seen down from last month, still at high levels * Europe debt markets not working - Spain economy minister * New austerity measures not...
View Article>Spain urged to seek aid despite strong bond sale
MADRID (AP) — Spain raised €4.8 billion ($6.2 billion) in a debt auction Thursday that saw strong demand and a substantial drop in its borrowing costs. But analysts and investors warned that Prime...
View ArticleWRAPUP 1-Spain central bank undercuts budget as rescue looms
* Central bank head says budget based on too-rosy outlook * Spain's borrowing costs fall at auction * Markets bet on a rescue application from PM Rajoy * Euro zone considers debt insurance scheme for...
View ArticleSpain pushes up Italian borrowing costs
Concerns about Spain's deep budget problems pushed up borrowing costs sharply at an Italian bond auction on Thursday, signalling that markets doubt Europe's struggling economies are overcoming their...
View ArticleSpain debt costs fall, but still seen unsustainable
MADRID (Reuters) - Spain's borrowing costs dropped on Tuesday, at the first sale of debt since the government announced a new austerity package, but not enough to suggest markets believe the country's...
View ArticleSpain's easing debt cost trend to continue at bond sales
* Spain to sell up to 3.5 billion euros in bonds * Deficit question marks not seen affecting demand * Will reach close to 45 percent of 2012 issuance plans * Auction results due around 0940 GMT By...
View ArticleClouds gather over Spain's Rajoy as EU bailout nears
MADRID (Reuters) - Spanish Prime Minister Mariano Rajoy faces a cloudy return from his short summer break as his expected request for European aid in September will spur protests on the street and...
View ArticleSpain debt sale costs to fall as markets bet on aid package
By Nigel Davies MADRID (Reuters) - Spain's borrowing costs will likely fall at a bond auction on Thursday, drawing investors on hopes the country will soon sign up for a rescue package, though their...
View ArticleSpain urged to seek aid despite strong bond sale
MADRID - Spain raised (EURO)4.8 billion ($6.2 billion) in a debt auction Thursday that saw strong demand and a substantial drop in its borrowing costs. But analysts and investors warned that Prime...
View ArticleSpain debt costs fall, key bond test awaits
MADRID (Reuters) - Spain's borrowing costs fell on Tuesday, at the first sale of debt since the government announced a new austerity package, but not enough to suggest markets believe the country's...
View ArticleSpain debt costs to stay high in wake of austerity plan
MADRID (Reuters) - Spain's borrowing costs are likely to stay high on Tuesday when it tests investor appetite for its debt for the first time since announcing more austerity last week, suggesting...
View ArticleSpain borrowing costs ease at auction, relief may be brief
By Nigel Davies MADRID (Reuters) - Spain's 10-year borrowing costs fell to their lowest level since January in an auction on Thursday, although the relief from market pressure may be short lived as...
View ArticleSpain borrowing costs ease at auction
MADRID (Reuters) - Spain's 10-year borrowing costs fell to just below 5.7 percent - their lowest level since January - in an auction on Thursday. But relief from market pressure may be short lived as...
View ArticleUPDATE 1-Spain borrowing costs ease at auction
* Spain sells 4.8 bln euros in bonds, yield falls on 10-yr benchmark * Markets will take it badly if Spain backs away from rescue * Catalan leader to pressure Prime Minister Rajoy on taxes By Nigel...
View ArticleSpain says decision on bailout within weeks, market pressure eases while...
MADRID - The Spanish government said Wednesday it will decide within the next few weeks whether to ask for outside financial help, noting it might opt for a precautionary line of credit instead of...
View ArticleSpain debt costs seen easing on Moody's, aid request hopes
* Spain to auction bonds due 2015, 2016, 2022 * Auction results due around 0840 GMT * Yields seen lower on all three maturities By Paul Day MADRID, Oct 18 (Reuters) - Spain's funding costs are set to...
View ArticleAnalysis: Rajoy's bailout shyness adds to Spain's risks
MADRID (Reuters) - The longer Prime Minister Mariano Rajoy puts off asking for aid from the euro zone, the greater the risk of further financial turmoil and an even worse recession in Spain, analysts...
View ArticleSpain sells debt despite regions, recession
MADRID (Reuters) - Spain sold more short-term debt than planned on Tuesday, with demand shored up by expectations the country will ask for aid after ratings for some of its most indebted regions were...
View ArticleSpain buys time with bond auction, sells long-term debt
MADRID (Reuters) - Spain showed that investors will buy even its long-term debt on Thursday with a successful bond auction that completed its 2012 issuance program, giving the government time to hold...
View ArticleUPDATE 1-Spain concludes 2012 financing with 4.8 euro bln bond sale
* Auction shows investors willing to take on longer-term debt * Could help government delay expected aid request * Treasury can now focus on 2013 financing needs By Nigel Davies MADRID, Nov 8...
View ArticleAnalysis - Rajoy's bailout shyness adds to Spain's risks
MADRID (Reuters) - The longer Prime Minister Mariano Rajoy puts off asking for aid from the euro zone, the greater the risk of further financial turmoil and an even worse recession in Spain, analysts...
View ArticleSpain faces long-term debt demand test
* Treasury to sell 3.5-4.5 bln euros in 3 bonds * Will sell a bond maturing 2032 * Successful long-term bond sale may help delay call for aid * Aid request still seen inevitable by analysts * Auction...
View ArticleUPDATE 2-Spain sells debt despite regions, recession
* Treasury exceeds target in sale, yields mixed * Government delay on aid request hurts * Economy contracted 0.4 pct q/q in third quarter -c.bank * Regions' downgrade weighs on Spanish debt By Paul...
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