Portugal’s five and 10-year bonds declined last week amid speculations that the country will seek financial aid from the European Union and International Monetary Fund. The slump widened the premium, or spread, of investors’ demand to hold five-year Portuguese notes instead of benchmark German bunds, by 66 basis points in the week to 548 percentage points, Bloomberg reports.

    About the author

    • Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.