Portugal sells 1.41 billion euros of seven and nine-year bonds
Portugal sold 1.41 billion euros ($1.64 billion) of seven and nine-year bonds in an auction on Wednesday, state debt agency IGCP said.
By Reuters |
Portugal sold 1.41 billion euros ($1.64 billion) of seven and nine-year bonds in an auction on Wednesday, state debt agency IGCP said.
The allotment yield on the bond maturing in 2033 rose to 3.009%, from 2.716% in the previous auction last May, while the 2035 debt yielded 3.175%, also up from January's 3.058%.
The IGCP sold 679 million euros of seven-year maturity bonds and 731 million euros of the nine-year maturity. Demand exceeded the amount placed by 1.92 times on the shortest maturity and by 1.89 times on the longer one. ($1 = 0.8616 euros)
The allotment yield on the bond maturing in 2033 rose to 3.009%, from 2.716% in the previous auction last May, while the 2035 debt yielded 3.175%, also up from January's 3.058%.
The IGCP sold 679 million euros of seven-year maturity bonds and 731 million euros of the nine-year maturity. Demand exceeded the amount placed by 1.92 times on the shortest maturity and by 1.89 times on the longer one. ($1 = 0.8616 euros)
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