Italian, Spanish Bonds Open Lower After Greek Referendum Meeting

Italian and Spanish government bonds opened lower after European leaders said they would treat Greece’s December referendum on the terms of a bailout package as a vote on the nation’s future in the currency union.

The yield on 10-year Italian securities rose 14 basis points to 6.33 percent at 7:35 a.m. London time and the rate on five-year notes increased 13 basis points to 6.14 percent.

Spanish 10-year yields rose six basis points to 5.52 percent, while the five-year note yield jumped 10 basis points to 4.86 percent.

Greek 10-year bond yields fell 32 basis points to 25.14 percent.

To contact the reporter on this story: Paul Dobson in London at

To contact the editor responsible for this story: Daniel Tilles at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.