At 8:40am in Lisbon, the 10-year interest rate rose to 3.156%, compared to 3.155% on Monday.

The five-year interest rate rose to 2.799%, compared to 2.796%.

Conversely, the two-year interest rate fell to 3.016%, compared to 3.020%.

Interest rates in Spain, Greece, Ireland and Italy rose across all terms.

The interest rate on the 10-year German bond, considered the safest in Europe, fell to 2.544%, compared to 2.546% on Monday.

Interest rates on sovereign debt in Portugal, Greece, Ireland, Italy and Spain at 8:40am:

2 years..5 years...10 years

Portugal

28/05.......3,016...2,799.....3,156

27/05.......3,020...2,796.....3,155

Spain

28/05.......3,236...3,029.....3,296

27/05.......3,240...3,032.....3,298

Greece

28/05.......2,896...3,124.....3,548

27/05.......2,870...3,118.....3,544

Ireland

28/05.......3,055...2,801.....2,920

27/05.......3,053...2,799.....2,918

Italy

28/05.......3,524...3,429.....3,833

27/05.......3,519...3,421.....3,826

Source: Bloomberg Bid values (interest rates required by investors to buy debt) compared to the close of the last session.

Read Also: Portugal's debt interest rates rise at two and five years and fall at 10 years (Portuguese version)