Investors plough €54bn of orders into periphery

By Mike Turner
12 Jun 2019

Investors piled into deals for Spain and Italy on Wednesday despite the miniscule yields on offer, as the spectre of further easing of monetary policy looms large over the market.

Accounts put in about €54.5bn of combined orders for the two sovereigns on Wednesday. Spain’s 10 year transaction took the lion’s share of demand, with €31bn in the order book.

This is despite Spain’s debt yielding record low levels. Spanish sovereign 10 year debt was trading at 0.534% on ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.