Interest rates on Portuguese debt were falling today at two, five and 10 years compared to Friday, above 3% at the longest maturity.
At 09:40 in Lisbon, the 10-year yield was down to 3.100% from 3.153% on Friday.
In the same vein, the five-year interest rate fell to 2.875% from 2.925%.
Two-year interest rates, meanwhile, fell to 2.946% from 3.002%.
Interest rates in Spain, Greece and Italy also fell across all maturities.
Sovereign debt interest in Portugal, Greece, Ireland, Italy and Spain at 09:40:
2 years…5 years…10 years
Portugal
24/07…….2,946…2,875…..3,100
21/07…….3,002…2,925…..3,153
Greece
24/07…….3,335…3,442…..3,739
21/07…….3,367…3,481…..3,788
Ireland
24/07…….3,099…2,771…..2,799
21/07…….3,156…2,838…..2,857
Italy
24/07…….3,705…3,439…..4,025
21/07…….3,744…3,781…..4,067
Spain
24/07…….3,389…3,160…..3,424
21/07…….3,443…3,206…..3,468
Source: Bloomberg Bid values (interest demanded by investors to buy debt) compared with last session’s close.