Portugal returns to the main global debt showcase from November
Portugal returns to the FTSE World Government Bond Index, the world’s main sovereign debt securities index with level A ratings, from November this year.
Pedro Catarino
More than ten years later, Portugal will once again be part of the FTSE World Government Bond Indexthe world’s leading sovereign debt index with A-level ratings.
“Portugal will be included in the index after its fixed rate debt market in local currency has met the three necessary criteria: market size, rating and a market accessibility level of 2”, indicates the London Stock Exchange Group, in a statement.
Portugal will have a weight of 0.61% in the FTSE WGBI index based on a weighting by market value, he adds.
Inclusion in the index will be effective from November 2024.
News update
Tags: Portugal returns main global debt showcase November Obligations
