Debt crisis and 10-year sovereign yields in Ireland and in Portugal

Detalhes bibliográficos
Autor(a) principal: Afonso, António
Data de Publicação: 2017
Outros Autores: Silva, Jorge
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/13237
Resumo: We assess the determinants of the 10-year sovereign yield for the period 2000-2015, in Portugal and in Ireland. Results show that the long-term Portuguese sovereign yield increased with the rise of the 10-year Bund yield and during the Securities Markets Programme, but decreased due to financial integration. Additionally, during the period of the economic and financial adjustment programme, there was evidence of additional rises (decreases) due to increases (decreases) in the 3-month Euribor rate, and the level of public debt. EU/IMF funding reduced sovereign yield.
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spelling Debt crisis and 10-year sovereign yields in Ireland and in Portugal10-Year Sovereign YieldEconomic and Financial Adjustment ProgrammePortugalIrelandWe assess the determinants of the 10-year sovereign yield for the period 2000-2015, in Portugal and in Ireland. Results show that the long-term Portuguese sovereign yield increased with the rise of the 10-year Bund yield and during the Securities Markets Programme, but decreased due to financial integration. Additionally, during the period of the economic and financial adjustment programme, there was evidence of additional rises (decreases) due to increases (decreases) in the 3-month Euribor rate, and the level of public debt. EU/IMF funding reduced sovereign yield.ISEG - Departamento de EconomiaRepositório da Universidade de LisboaAfonso, AntónioSilva, Jorge2017-03-06T10:58:39Z20172017-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/13237engAfonso, António e Jorge Silva .2017. "Debt crisis and 10-year sovereign yields in Ireland and in Portugal ". Instituto Superior de Economia e Gestão. DE Working papers nº 6-2017/DE/UECE2183-1815info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:43:21Zoai:www.repository.utl.pt:10400.5/13237Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T16:59:15.050439Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Debt crisis and 10-year sovereign yields in Ireland and in Portugal
title Debt crisis and 10-year sovereign yields in Ireland and in Portugal
spellingShingle Debt crisis and 10-year sovereign yields in Ireland and in Portugal
Afonso, António
10-Year Sovereign Yield
Economic and Financial Adjustment Programme
Portugal
Ireland
title_short Debt crisis and 10-year sovereign yields in Ireland and in Portugal
title_full Debt crisis and 10-year sovereign yields in Ireland and in Portugal
title_fullStr Debt crisis and 10-year sovereign yields in Ireland and in Portugal
title_full_unstemmed Debt crisis and 10-year sovereign yields in Ireland and in Portugal
title_sort Debt crisis and 10-year sovereign yields in Ireland and in Portugal
author Afonso, António
author_facet Afonso, António
Silva, Jorge
author_role author
author2 Silva, Jorge
author2_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Afonso, António
Silva, Jorge
dc.subject.por.fl_str_mv 10-Year Sovereign Yield
Economic and Financial Adjustment Programme
Portugal
Ireland
topic 10-Year Sovereign Yield
Economic and Financial Adjustment Programme
Portugal
Ireland
description We assess the determinants of the 10-year sovereign yield for the period 2000-2015, in Portugal and in Ireland. Results show that the long-term Portuguese sovereign yield increased with the rise of the 10-year Bund yield and during the Securities Markets Programme, but decreased due to financial integration. Additionally, during the period of the economic and financial adjustment programme, there was evidence of additional rises (decreases) due to increases (decreases) in the 3-month Euribor rate, and the level of public debt. EU/IMF funding reduced sovereign yield.
publishDate 2017
dc.date.none.fl_str_mv 2017-03-06T10:58:39Z
2017
2017-01-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/13237
url http://hdl.handle.net/10400.5/13237
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Afonso, António e Jorge Silva .2017. "Debt crisis and 10-year sovereign yields in Ireland and in Portugal ". Instituto Superior de Economia e Gestão. DE Working papers nº 6-2017/DE/UECE
2183-1815
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv ISEG - Departamento de Economia
publisher.none.fl_str_mv ISEG - Departamento de Economia
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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