The positive trend in the auctions of Spanish government bonds continues, with the Treasury placing them on the market Bonos with various maturities (2015, 2016 and 2022) for 4,614 billion euros, above the forecasts which stood in the range between 3,5 and 4,5 billion euro, recording a new, albeit slight, drop in yields.
Although the tension on sovereign debt is gradually easing, the increase in non-performing bank loans continues in Spain, reaching, in August, a new historic peak of 178,579 billion euro, i.e. equal to 10,51% of total loans claimed by banks.
Meanwhile, by mid-morning, the Madrid Stock Exchange was down, with the Ibex 35 index losing 0,50%, while good performance of the Bonos-Bund spread, down from 382 points at the opening to the current 375.
