MADRID, Oct. 19 (Xinhua) -- Spain's risk premium, the spread between 10-year Spanish government bonds and their German equivalent, has risen in early trading on Thursday after the Spanish government announced they would continue with the process to suspend the Catalan autonomy.
The Spanish risk premium climbed from the 122.5 points of Wednesday closing time to the 127.80 points of Thursday morning, with Spain's 10-year bond interest rate also increasing from 1.62 percent to 1.66 percent.
Afterwards, Spain's benchmark Ibex-35 was down 0.79 percent, falling to 10,192.40 points, down from the 10,273.40 points of Wednesday closing time.
Spain's cabinet will hold a special session Saturday to approve the suspension of its affluent but disruptive Catalonia region's autonomy, and impose central rule in response to Catalan leader Carles Puigdemont's failure to clarify if he had declared Catalonia's "independence" from Spain.
Puigdemont failed to give a clear answer to the government on whether he had declared independence on Oct. 10, before the government deadline of 10:00 a.m. (0800 GMT) on Thursday expired, according to a government release.
