Moody's raise the ráting of Spain and the premium will drop to 75 points, according to Citi

08/22/2014 10:31

Moody's raise the ráting of Spain and the premium will drop to 75 points, according to Citi
Citi forecasts say the rating agency Moody's note improve Spain in October and that the risk premium can go down to 75 basis points at the end of the year.
The divergent paths of the economies of Italy and Spain live next October a new chapter when the Moody's agency review its classification of Spanish debt, which could be improved a notch to 'Baa1' from 'Baa2' level currently shares with Alpine country bonds, notes Citigroup, causing a "sorpasso 'not seen since January 2012.

http://marketbusinessnews.com/sp-raised-spains-rating-bbb/23462