The risk premium is placed to the closing in the 398 basic points. The European places register the fallen majors of the year. The BCE will give during six months to the commercial banks the money that need. The Spanish Treasure manages to place 3,300 million in bonds to a high interest. The Spanish finances exceed the psychological limits again. The Ibex-35 lowered to the closing to the 8,686, 6 points, a 3.89% less.

The major fallen in all the year. The risk premium returns to escape, by third consecutive day, the 400 basic points at precise moments to close in 398. This record of slope has been breaking the previous annual minimum, reached for two days. The Ibex-35 left then a 3.24% and the premium cleared the 377 points. The accumulated losses in this exercise ascend to the 11.89 percent. In Europe, with the Euro to 1.417 dollars, the main European places registered the fallen majors of the year. Frankfurt under a 3.4%, levels of past October; London, a 3.43 percent and in prices of September of 2010. ; Paris it yielded 3.9% until levels of July of the past year; and Milan, the great victim of the day, lowered 5.16% backing down to levels of April of 2009.

The Treasure and the BCE After the opening of stock-market of Madrid, the Spanish Treasure has managed to place 3,300 million bond Euros to three and four years, but paying an interest of 4.90% and 5.05%, respectively, levels that did not reach from 2008. The Treasure has decided to postpone the auction anticipated for the 18 of August. The declarations of Jean-Claude Trichet, president of the European Central bank, confirming that the emitting institute continues with its program of bond purchase have had a little CTO, and it has increased the pressure of the markets. The investors hoped more consistent words on the part of the organism to restrain the speculators. In spite of to have announced that will buy debt of Ireland and Portugal, the lack of action on the Italian and Spanish national debt lead the investors to penalize to these countries, especially to Italy. The yield of Italian bonds to ten years it even advanced 6.189%, closely together of 6.284% Spaniards. The fall of the yield of bonds German to 10 years, the good news for the bad country teutn and for the rest, increased the risk premium. The sobreindebtedness that Spain must pay with respect to Germany has arrived shortly after the 17,00 at the 401 basic points. Day in the park In the morning, the premium of risk and Ibex 35 they notified good. The selective one began with ascents of 1.48% after the opening of the session and all the values quoted to the rise that hour, headed by the Santander, that raised 1.99%, while the BBVA advanced 1.53%; Iberdrola, 0.97%; Telephone, 0.86% and Repsol YPF, 0.76%. The risk premium got to lower to the 360 basic points. But after the appearance of Trichet they returned the negative tendencies, with the Ibex-35 perdindo the level of the 9,000 and the premium climbing positions again beyond the 400. The great values, headed by the banks, cleared fall: Telephone it fell 2.88%, Santander 4.43%, BBVA 4.12%, Iberdrola 3.54% and Repsol 5.71%. Source of the news: The Ibex-35 lowers a 3.89%, the major fallen in all the year